Gaztransport & Technigaz SA (OTCMKTS:GZPZY) Sees Large Growth in Short Interest

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 513 shares, an increase of 63.9% from the August 15th total of 313 shares. Based on an average daily trading volume, of 169 shares, the days-to-cover ratio is currently 3.0 days.

Gaztransport & Technigaz Trading Up 6.4%

Shares of OTCMKTS GZPZY opened at $53.67 on Thursday. Gaztransport & Technigaz has a fifty-two week low of $36.36 and a fifty-two week high of $53.67. The business’s 50 day moving average price is $47.15 and its 200-day moving average price is $46.40.

About Gaztransport & Technigaz

Gaztransport & Technigaz (GTT) is a French engineering company specializing in the design and licensing of cryogenic membrane containment systems for liquefied natural gas (LNG) carriers, floating storage regasification units (FSRUs), and onshore LNG storage tanks. Leveraging advanced materials and proprietary membrane technologies, GTT’s systems are engineered to maintain ultra-low temperatures required for the safe transport and storage of LNG. The company also offers a range of associated services, including technical consulting, maintenance support, and software solutions to optimize the performance and safety of its containment systems.

Founded through the merger of Gaztransport SA and Technigaz SA in 1994, GTT traces its origins back to early pioneers of LNG containment technology in the late 20th century.