Avance Gas Holding Ltd (OTCMKTS:AVACF) Sees Large Decline in Short Interest

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 6,200 shares, a decrease of 40.4% from the February 29th total of 10,400 shares. Based on an average daily volume of 23,500 shares, the short-interest ratio is currently 0.3 days.

Avance Gas Price Performance

Shares of OTCMKTS AVACF opened at $11.55 on Thursday. The stock has a fifty day simple moving average of $11.82 and a two-hundred day simple moving average of $12.75. Avance Gas has a 1-year low of $6.35 and a 1-year high of $16.78.

Avance Gas Company Profile

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2022, it owned and operated through a fleet of twelve very large gas carriers and four dual-fuel LPG newbuildings.