Avance Gas Holding Ltd (OTCMKTS:AVACF) Sees Significant Increase in Short Interest

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 13,100 shares, an increase of 445.8% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is presently 0.6 days.

Avance Gas Stock Performance

OTCMKTS:AVACF opened at $0.30 on Friday. Avance Gas has a 12-month low of $0.28 and a 12-month high of $19.57. The stock’s 50 day moving average price is $1.07 and its two-hundred day moving average price is $5.86.

Avance Gas Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 6th were paid a $0.75 dividend. The ex-dividend date was Thursday, March 6th.

Avance Gas Company Profile

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.