Air Liquide (OTCMKTS:AIQUY) Short Interest Update

Key Points

• Air Liquide experienced a significant increase in short interest, rising 29.4% in August to a total of 107,400 shares shorted.
• The company's stock price currently stands at $41.37, with a 12-month low of $31.68 and a high of $43.12.
• Analysts have a "Moderate Buy" rating on Air Liquide, with one analyst rating it as Strong Buy and two issuing Hold ratings.

Air Liquide (OTCMKTS:AIQUY - Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 107,400 shares, a growth of 29.4% from the August 15th total of 83,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 287,200 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 287,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Air Liquide Stock Performance

Shares of OTCMKTS AIQUY traded up $0.25 during midday trading on Friday, reaching $41.41. 439,081 shares of the stock were exchanged, compared to its average volume of 142,126. Air Liquide has a twelve month low of $31.68 and a twelve month high of $43.12. The firm has a 50-day simple moving average of $40.97 and a two-hundred day simple moving average of $40.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.84 and a quick ratio of 0.61.

Institutional Investors Weigh In On Air Liquide

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers grew its stake in shares of Air Liquide by 0.4% during the 2nd quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company's stock worth $2,931,000 after purchasing an additional 314 shares during the period. First Horizon Advisors Inc. grew its stake in Air Liquide by 49.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company's stock valued at $64,000 after acquiring an additional 514 shares during the period. Kornitzer Capital Management Inc. KS acquired a new stake in Air Liquide in the 2nd quarter valued at $208,000. Moloney Securities Asset Management LLC lifted its holdings in Air Liquide by 10.5% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 31,552 shares of the basic materials company's stock valued at $1,297,000 after purchasing an additional 3,000 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Air Liquide by 46.5% in the 2nd quarter. GAMMA Investing LLC now owns 6,783 shares of the basic materials company's stock valued at $280,000 after purchasing an additional 2,154 shares in the last quarter. Institutional investors and hedge funds own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Santander initiated coverage on shares of Air Liquide in a report on Tuesday, May 27th. They issued a "neutral" rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

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.