Short Interest in L’Air Liquide S.A. (OTCMKTS:AIQUY) Increases By 8.4%

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 40,100 shares, an increase of 8.4% from the October 15th total of 37,000 shares. Based on an average daily volume of 168,800 shares, the days-to-cover ratio is presently 0.2 days.

L’Air Liquide Price Performance

Shares of OTCMKTS:AIQUY opened at $33.76 on Friday. The business’s 50 day moving average is $36.80 and its 200-day moving average is $36.24. L’Air Liquide has a 1-year low of $32.45 and a 1-year high of $39.54.

Institutional Investors Weigh In On L’Air Liquide

Several institutional investors and hedge funds have recently bought and sold shares of AIQUY. Kornitzer Capital Management Inc. KS bought a new position in shares of L’Air Liquide during the 3rd quarter worth about $202,000. Hancock Whitney Corp raised its position in L’Air Liquide by 8.7% in the third quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company’s stock worth $652,000 after purchasing an additional 1,356 shares in the last quarter. Moloney Securities Asset Management LLC lifted its stake in L’Air Liquide by 7.4% during the third quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company’s stock worth $1,506,000 after purchasing an additional 2,667 shares during the period. Rhumbline Advisers boosted its holdings in L’Air Liquide by 20.5% during the second quarter. Rhumbline Advisers now owns 54,408 shares of the basic materials company’s stock valued at $1,885,000 after purchasing an additional 9,268 shares in the last quarter. Finally, Boston Common Asset Management LLC grew its stake in shares of L’Air Liquide by 7.2% in the 3rd quarter. Boston Common Asset Management LLC now owns 70,804 shares of the basic materials company’s stock valued at $2,738,000 after purchasing an additional 4,726 shares during the period. Institutional investors own 0.01% of the company’s stock.

L’Air Liquide Company Profile

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.