L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Update

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 37,000 shares, a decline of 45.6% from the September 30th total of 68,000 shares. Based on an average daily volume of 180,400 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On L’Air Liquide

A hedge fund recently raised its stake in L’Air Liquide stock. Rhumbline Advisers raised its position in L’Air Liquide S.A. (OTCMKTS:AIQUY) by 20.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,408 shares of the basic materials company’s stock after buying an additional 9,268 shares during the quarter. Rhumbline Advisers’ holdings in L’Air Liquide were worth $1,885,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.01% of the company’s stock.

L’Air Liquide Stock Performance

L’Air Liquide stock opened at $36.00 on Friday. The stock’s 50 day moving average price is $37.31 and its two-hundred day moving average price is $36.36. L’Air Liquide has a 52-week low of $30.15 and a 52-week high of $39.54.

L’Air Liquide Company Profile

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.