Air Liquide (OTCMKTS:AIQUY) Short Interest Update

Air Liquide (OTCMKTS:AIQUY) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 33,062 shares, a decline of 50.0% from the June 15th total of 66,106 shares. Based on an average daily volume of 385,662 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Air Liquide Stock Performance

OTCMKTS:AIQUY opened at $40.70 on Wednesday. The business has a 50 day simple moving average of $40.35 and a 200 day simple moving average of $40.04. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14. Air Liquide has a 12-month low of $32.88 and a 12-month high of $41.24.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC raised its holdings in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,573 shares of the basic materials company’s stock after acquiring 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 SEC filing. Institutional investors and hedge funds own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AIQUY. Zacks Research downgraded shares of Air Liquide from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 30th. Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a research report on Wednesday, April 29th. Finally, Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About Air Liquide

Air Liquide is a Paris‑headquartered multinational that develops, manufactures and supplies industrial and medical gases, related equipment and services. Founded in 1902, the company has grown into a major global supplier of gases such as oxygen, nitrogen, argon, hydrogen and a wide range of specialty gases used across industrial, healthcare and research applications.

Its core activities include on‑site gas production, bulk and packaged gas distribution (cylinders and cryogenic deliveries), installation and maintenance of gas handling and storage equipment, and engineering for large industrial gas projects.