Short Interest in Air Liquide (OTCMKTS:AIQUY) Decreases By 55.2%

Air Liquide (OTCMKTS:AIQUY) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 47,900 shares, a decrease of 55.2% from the September 30th total of 106,900 shares. Based on an average trading volume of 361,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 361,600 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several research firms have recently issued reports on AIQUY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Air Liquide in a research report on Wednesday. Kepler Capital Markets raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Air Liquide currently has an average rating of “Moderate Buy”.

Air Liquide Price Performance

AIQUY opened at $39.21 on Thursday. The company has a fifty day simple moving average of $40.78 and a 200 day simple moving average of $40.90. Air Liquide has a twelve month low of $31.68 and a twelve month high of $43.12. The company has a quick ratio of 0.61, a current ratio of 0.84 and a debt-to-equity ratio of 0.34.

Institutional Investors Weigh In On Air Liquide

A number of large investors have recently added to or reduced their stakes in AIQUY. GAMMA Investing LLC boosted its stake in Air Liquide by 52.2% during the 1st quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company’s stock valued at $176,000 after acquiring an additional 1,588 shares during the last quarter. Rhumbline Advisers boosted its stake in Air Liquide by 14.7% during the 1st quarter. Rhumbline Advisers now owns 70,634 shares of the basic materials company’s stock valued at $2,686,000 after acquiring an additional 9,055 shares during the last quarter. Accent Capital Management LLC bought a new position in Air Liquide during the 1st quarter valued at $34,000. First Horizon Advisors Inc. boosted its stake in Air Liquide by 37.8% during the 1st quarter. First Horizon Advisors Inc. now owns 1,042 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 286 shares during the last quarter. Finally, Corient IA LLC bought a new position in Air Liquide during the 1st quarter valued at $757,000. 0.01% of the stock is owned by institutional investors and hedge funds.

About 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.