Short Interest in Air Liquide (OTCMKTS:AIQUY) Drops By 37.3%

Air Liquide (OTCMKTS:AIQUY) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 27,164 shares, a drop of 37.3% from the December 15th total of 43,347 shares. Based on an average trading volume of 445,054 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 445,054 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

AIQUY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Air Liquide in a research report on Wednesday, October 29th. Kepler Capital Markets upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Hedge Funds Weigh In On Air Liquide

A number of institutional investors have recently modified their holdings of the company. GAMMA Investing LLC lifted its position in Air Liquide by 46.5% during the 2nd quarter. GAMMA Investing LLC now owns 6,783 shares of the basic materials company’s stock worth $280,000 after acquiring an additional 2,154 shares during the last quarter. Moloney Securities Asset Management LLC lifted its position in shares of Air Liquide by 10.5% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 31,552 shares of the basic materials company’s stock worth $1,297,000 after purchasing an additional 3,000 shares during the last quarter. Kornitzer Capital Management Inc. KS bought a new stake in Air Liquide during the 2nd quarter valued at approximately $208,000. First Horizon Advisors Inc. grew its holdings in Air Liquide by 49.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock valued at $64,000 after buying an additional 514 shares during the last quarter. Finally, Rhumbline Advisers increased its position in Air Liquide by 0.4% in the 2nd quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock worth $2,931,000 after buying an additional 314 shares during the period. Institutional investors own 0.02% of the company’s stock.

Air Liquide Trading Down 0.6%

AIQUY opened at $36.92 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average of $37.76 and a 200-day moving average of $39.62. Air Liquide has a 52-week low of $33.04 and a 52-week high of $43.12.

About Air Liquide

Air Liquide is a Paris‑headquartered multinational that develops, manufactures and supplies industrial and medical gases, related equipment and services. Founded in 1902, the company has grown into a major global supplier of gases such as oxygen, nitrogen, argon, hydrogen and a wide range of specialty gases used across industrial, healthcare and research applications.

Its core activities include on‑site gas production, bulk and packaged gas distribution (cylinders and cryogenic deliveries), installation and maintenance of gas handling and storage equipment, and engineering for large industrial gas projects.