L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Up 6.7% in March

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 62,400 shares, an increase of 6.7% from the March 15th total of 58,500 shares. Based on an average daily trading volume, of 196,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC grew its position in shares of L’Air Liquide by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 3,067 shares of the basic materials company’s stock worth $128,000 after buying an additional 760 shares during the last quarter. OLD National Bancorp IN purchased a new position in shares of L’Air Liquide in the 4th quarter worth approximately $222,000. Kornitzer Capital Management Inc. KS purchased a new position in shares of L’Air Liquide in the 4th quarter worth approximately $201,000. Financial Management Professionals Inc. acquired a new stake in L’Air Liquide in the 4th quarter worth approximately $31,000. Finally, Diversified Trust Co acquired a new stake in L’Air Liquide in the 3rd quarter worth approximately $209,000. Hedge funds and other institutional investors own 0.01% of the company’s stock.

L’Air Liquide Stock Performance

Shares of L’Air Liquide stock opened at $39.65 on Wednesday. The firm’s 50 day moving average price is $40.37 and its 200-day moving average price is $37.86. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.34. L’Air Liquide has a 52-week low of $32.18 and a 52-week high of $42.81.

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.