Air Liquide (OTCMKTS:AIQUY) Short Interest Update

Key Points

• Air Liquide’s short interest surged 329.9% to 262,959 shares as of August 31, up from 61,161 shares on August 15. Despite the increase, short interest represented 0.0% of shares outstanding, with a 0.4-day short-interest ratio.
• Madison Asset Management increased its Air Liquide stake by 6.8% in the first quarter, holding 32,573 shares valued at approximately $1.35 million. Institutional investors collectively owned 0.03% of the company.
• Analyst sentiment was broadly positive, with two Strong Buy, three Buy and one Hold ratings; MarketBeat reported an overall Buy consensus. The stock opened at $38.58, within a 52-week range of $32.88 to $41.24.

Air Liquide (OTCMKTS:AIQUY - Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 262,959 shares, an increase of 329.9% from the August 15th total of 61,161 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 672,044 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC grew its holdings in Air Liquide (OTCMKTS:AIQUY - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,573 shares of the basic materials company's stock after purchasing an additional 2,061 shares during the period. Madison Asset Management LLC's holdings in Air Liquide were worth $1,352,000 as of its most recent filing with the Securities & Exchange Commission. 0.03% of the stock is owned by hedge funds and other institutional investors.

Air Liquide Stock Performance

AIQUY stock opened at $38.58 on Friday. Air Liquide has a one year low of $32.88 and a one year high of $41.24. The firm's 50 day moving average price is $39.60 and its 200-day moving average price is $40.47. The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

AIQUY has been the subject of a number of analyst reports. Citigroup restated a "buy" rating on shares of Air Liquide in a research report on Wednesday, July 29th. Zacks Research upgraded Air Liquide from a "strong sell" rating to a "hold" rating in a research report on Wednesday, July 29th. Mizuho raised Air Liquide to a "strong-buy" rating in a research note on Monday, August 31st. Finally, Morgan Stanley upgraded Air Liquide from an "underweight" rating to an "overweight" rating in a report on Monday, July 20th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Air Liquide presently has an average rating of "Buy".

Air Liquide Company Profile

Air Liquide OTCMKTS: AIQUY is a global industrial and healthcare gases company that supplies essential gases, technologies and related services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases, which are used in manufacturing, chemicals, energy, food and beverage, electronics, healthcare and scientific research.

The company also designs and operates gas production and distribution systems, provides industrial and medical equipment, and develops solutions related to hydrogen, low-carbon industry and the energy transition.

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