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

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a drop of 50.0% from the December 31st total of 200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 1.0 days.

Gaztransport & Technigaz Stock Performance

Shares of GZPZY remained flat at $29.00 during midday trading on Wednesday. The stock has a 50-day moving average of $28.34 and a 200-day moving average of $29.27. Gaztransport & Technigaz has a 1-year low of $26.32 and a 1-year high of $32.56.

Gaztransport & Technigaz Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 12th were given a $0.7686 dividend. This is a positive change from Gaztransport & Technigaz’s previous dividend of $0.36. The ex-dividend date of this dividend was Thursday, December 12th.

Gaztransport & Technigaz Company Profile

Gaztransport & Technigaz SA, a technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and liquefied natural gas (LNG) in South Korea, China, Russia, and internationally. The company offers solutions, such as commercial vessel tanks, small and medium-capacity LNG carriers, bunker barges and vessels, and floating storage structures and bunkering stations for supplying LNG to merchant vessels other than LNG carriers; and LNG fuel storage solutions and related systems for the merchant vessels that use LNG as a marine fuel to replace the conventional fuel oils.