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

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 22,100 shares, a decline of 64.6% from the March 31st total of 62,400 shares. Based on an average daily trading volume, of 183,100 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On L’Air Liquide

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new stake in L’Air Liquide during the fourth quarter worth $31,000. GAMMA Investing LLC bought a new stake in L’Air Liquide in the fourth quarter valued at about $86,000. Kornitzer Capital Management Inc. KS acquired a new position in L’Air Liquide in the fourth quarter worth about $201,000. OLD National Bancorp IN bought a new position in L’Air Liquide during the fourth quarter worth about $222,000. Finally, SVB Wealth LLC boosted its holdings in L’Air Liquide by 5.5% during the third quarter. SVB Wealth LLC now owns 12,766 shares of the basic materials company’s stock valued at $430,000 after purchasing an additional 669 shares in the last quarter. 0.01% of the stock is currently owned by institutional investors.

L’Air Liquide Price Performance

Shares of AIQUY traded down $1.01 during mid-day trading on Thursday, hitting $39.81. The company’s stock had a trading volume of 80,551 shares, compared to its average volume of 95,456. The stock’s 50-day moving average is $40.82 and its two-hundred day moving average is $38.12. 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 one year low of $32.18 and a one year high of $42.81.

L’Air Liquide Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 14th. Investors 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.

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.