Short Interest in L’Air Liquide S.A. (OTCMKTS:AIQUY) Decreases By 77.9%

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 29,400 shares, a drop of 77.9% from the August 15th total of 133,300 shares. Based on an average daily volume of 179,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in L’Air Liquide stock. GAMMA Investing LLC boosted its stake in shares of L’Air Liquide S.A. (OTCMKTS:AIQUY) by 32.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,067 shares of the basic materials company’s stock after purchasing an additional 760 shares during the quarter. GAMMA Investing LLC’s holdings in L’Air Liquide were worth $128,000 at the end of the most recent reporting period. 0.01% of the stock is currently owned by institutional investors and hedge funds.

L’Air Liquide Stock Performance

Shares of OTCMKTS AIQUY opened at $37.65 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.87 and a quick ratio of 0.64. The business’s 50 day moving average price is $36.25 and its two-hundred day moving average price is $36.42. L’Air Liquide has a twelve month low of $29.25 and a twelve month high of $38.92.

About L’Air Liquide

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.