L’Air Liquide S.A. (OTCMKTS:AIQUY) Sees Large Increase in Short Interest

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the recipient of a significant increase in short interest in 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 volume of 196,300 shares, the short-interest ratio is presently 0.3 days.

L’Air Liquide Stock Up 0.8 %

L’Air Liquide stock opened at $39.69 on Thursday. L’Air Liquide has a 1-year low of $32.18 and a 1-year high of $42.81. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.64 and a current ratio of 0.87. The stock’s fifty day moving average is $40.43 and its two-hundred day moving average is $37.88.

L’Air Liquide Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 17th will be paid a $0.681 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This is a boost from L’Air Liquide’s previous dividend of $0.48.

Institutional Trading of L’Air Liquide

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its stake in L’Air Liquide by 4.7% in the first quarter. PNC Financial Services Group Inc. now owns 12,239 shares of the basic materials company’s stock valued at $433,000 after buying an additional 546 shares in the last quarter. SVB Wealth LLC increased its position in shares of L’Air Liquide by 2.5% during the second quarter. SVB Wealth LLC now owns 27,443 shares of the basic materials company’s stock worth $735,000 after purchasing an additional 663 shares in the last quarter. Rhumbline Advisers increased its position in shares of L’Air Liquide by 1.9% during the third quarter. Rhumbline Advisers now owns 39,833 shares of the basic materials company’s stock worth $1,341,000 after purchasing an additional 750 shares in the last quarter. GAMMA Investing LLC increased its position in shares of L’Air Liquide by 32.9% during the first quarter. GAMMA Investing LLC now owns 3,067 shares of the basic materials company’s stock worth $128,000 after purchasing an additional 760 shares in the last quarter. Finally, Financial Management Professionals Inc. acquired a new stake in shares of L’Air Liquide during the fourth quarter worth about $31,000. 0.01% of the stock is currently owned by institutional investors and hedge funds.

L’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.