Air Liquide (OTCMKTS:AIQUY) Short Interest Up 329.9% in August

Air Liquide (OTCMKTS:AIQUY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 262,959 shares, a growth of 329.9% from the August 15th total of 61,161 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 672,044 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Air Liquide stock. GAMMA Investing LLC raised its holdings in Air Liquide (OTCMKTS:AIQUY) by 25.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,977 shares of the basic materials company’s stock after acquiring an additional 2,259 shares during the period. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 at the end of the most recent reporting period. Institutional investors own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th. Mizuho raised shares of Air Liquide to a “strong-buy” rating in a report on Monday, August 31st. Finally, Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Air Liquide has a consensus rating of “Buy”.

Air Liquide Stock Performance

Air Liquide stock opened at $38.58 on Monday. Air Liquide has a fifty-two week low of $32.88 and a fifty-two week high of $41.24. The stock’s fifty day moving average is $39.60 and its two-hundred day moving average is $40.46. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.87 and a quick ratio of 0.68.

About Air Liquide

Air Liquide (OTCMKTS:AIQUY) is a global industrial and healthcare gases company that supplies essential gases, technologies and related services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases, which are used in manufacturing, chemicals, energy, food and beverage, electronics, healthcare and scientific research.

The company also designs and operates gas production and distribution systems, provides industrial and medical equipment, and develops solutions related to hydrogen, low-carbon industry and the energy transition.