Short Interest in Avance Gas Holding Ltd (OTCMKTS:AVACF) Declines By 58.3%

Avance Gas Holding Ltd (OTCMKTS:AVACF) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a drop of 58.3% from the February 13th total of 1,200 shares. Based on an average daily trading volume, of 138,500 shares, the short-interest ratio is currently 0.0 days.

Avance Gas Stock Down 11.0 %

Shares of OTCMKTS AVACF opened at $0.81 on Thursday. The stock’s fifty day moving average price is $5.45 and its two-hundred day moving average price is $8.16. Avance Gas has a one year low of $0.81 and a one year high of $19.57.

Avance Gas Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, March 6th.

Avance Gas Company Profile

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.