L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Up 131.3% in March

L’Air Liquide S.A. (OTCMKTS:AIQUY – Get Rating) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 50,200 shares, an increase of 131.3% from the March 15th total of 21,700 shares. Based on an average daily volume of 231,600 shares, the days-to-cover ratio is presently 0.2 days.

Shares of L’Air Liquide stock opened at $35.23 on Thursday. The firm’s 50-day moving average is $33.54 and its two-hundred day moving average is $33.91. L’Air Liquide has a 1 year low of $29.82 and a 1 year high of $36.29. The company has a current ratio of 0.89, a quick ratio of 0.70 and a debt-to-equity ratio of 0.48.

Several analysts have recently weighed in on the stock. UBS Group raised their price objective on shares of L’Air Liquide from €173.00 ($188.04) to €177.00 ($192.39) and gave the company a “buy” rating in a research report on Tuesday, April 5th. Kepler Capital Markets cut L’Air Liquide from a “buy” rating to a “hold” rating in a research note on Wednesday, March 30th. Zacks Investment Research downgraded shares of L’Air Liquide from a “buy” rating to a “hold” rating in a research report on Thursday, January 20th. Morgan Stanley increased their target price on L’Air Liquide from €152.00 ($165.22) to €155.00 ($168.48) in a research report on Friday, February 18th. Finally, The Goldman Sachs Group raised L’Air Liquide from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $138.25.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Silvercrest Asset Management Group LLC increased its stake in L’Air Liquide by 26.5% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 226,869 shares of the basic materials company’s stock valued at $7,911,000 after purchasing an additional 47,476 shares in the last quarter. Scout Investments Inc. increased its position in shares of L’Air Liquide by 0.7% in the 4th quarter. Scout Investments Inc. now owns 99,192 shares of the basic materials company’s stock valued at $3,459,000 after acquiring an additional 690 shares during the period. Boston Common Asset Management LLC increased its holdings in shares of L’Air Liquide by 5.3% in the fourth quarter. Boston Common Asset Management LLC now owns 68,733 shares of the basic materials company’s stock valued at $2,397,000 after purchasing an additional 3,444 shares during the period. Moloney Securities Asset Management LLC lifted its holdings in shares of L’Air Liquide by 38.1% during the fourth quarter. Moloney Securities Asset Management LLC now owns 42,962 shares of the basic materials company’s stock worth $1,498,000 after purchasing an additional 11,862 shares during the period. Finally, Yousif Capital Management LLC purchased a new stake in L’Air Liquide in the fourth quarter valued at approximately $1,280,000. Hedge funds and other institutional investors own 0.02% of the company’s stock.

L’Air Liquide Company Profile (Get Rating)

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. The company's Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy sectors; and gases, application equipment, and associated services to the materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.

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