Air Liquide (OTCMKTS:AIQUY) Shares Shorted: Short Interest Up 92.5% in October

Air Liquide (OTCMKTS:AIQUY) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 55,622 shares, a growth of 92.5% from the October 15th total of 28,899 shares. Based on an average daily volume of 432,809 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Air Liquide

Institutional investors and hedge funds have recently modified their holdings of the company. First Command Advisory Services Inc. lifted its stake in Air Liquide by 274.6% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,502 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 1,101 shares during the last quarter. Sterling Capital Management LLC grew its holdings in Air Liquide by 4.6% during the third quarter. Sterling Capital Management LLC now owns 13,518 shares of the basic materials company’s stock worth $525,000 after purchasing an additional 593 shares during the period. GAMMA Investing LLC grew its holdings in Air Liquide by 22.8% during the third quarter. GAMMA Investing LLC now owns 13,484 shares of the basic materials company’s stock worth $519,000 after purchasing an additional 2,507 shares during the period. Finally, Madison Asset Management LLC acquired a new position in Air Liquide during the second quarter worth approximately $1,402,000. 0.03% of the stock is owned by institutional investors.

Air Liquide Trading Up 0.0%

AIQUY stock traded up $0.01 during trading hours on Friday, reaching $42.56. The stock had a trading volume of 931,958 shares, compared to its average volume of 251,713. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.68 and a current ratio of 0.87. The stock has a 50-day simple moving average of $39.22 and a 200 day simple moving average of $40.08. Air Liquide has a fifty-two week low of $32.88 and a fifty-two week high of $42.96.

Analyst Ratings Changes

AIQUY has been the subject of several recent research reports. Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a report on Monday, July 20th. Zacks Research downgraded shares of Air Liquide from a “hold” rating to a “strong sell” rating in a research note on Friday, October 30th. Citigroup restated a “buy” rating on shares of Air Liquide in a report on Wednesday, July 29th. Finally, Mizuho raised Air Liquide to a “strong-buy” rating in a research report on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Air Liquide currently has a consensus rating of “Buy”.

Air Liquide Company Profile

Air Liquide is a France-based group that supplies industrial and medical gases, technologies, and services to customers around the world. Founded in 1902, the company grew from the development of technology to separate gases from air. Its products include oxygen, nitrogen, argon, hydrogen, and specialty gases, along with equipment and services for producing and managing gas supplies. Air Liquide serves a range of industries, including healthcare, electronics, chemicals, energy, and manufacturing.