L'Air Liquide S.A. (OTCMKTS:AIQUY) Sees Large Increase in Short Interest

L'Air Liquide S.A. (OTCMKTS:AIQUY - Get Free Report) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 36,200 shares, a growth of 346.9% from the December 31st total of 8,100 shares. Based on an average trading volume of 815,200 shares, the days-to-cover ratio is currently 0.0 days.

L'Air Liquide Trading Down 0.9 %

Shares of AIQUY stock traded down $0.30 during mid-day trading on Friday, reaching $34.91. The stock had a trading volume of 213,421 shares, compared to its average volume of 340,283. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.77 and a quick ratio of 0.57. L'Air Liquide has a one year low of $31.68 and a one year high of $39.54. The firm's 50 day simple moving average is $33.08 and its 200 day simple moving average is $35.24.

Analysts Set New Price Targets

Separately, Redburn Atlantic upgraded L'Air Liquide from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th.

Hedge Funds Weigh In On L'Air Liquide

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kornitzer Capital Management Inc. KS bought a new position in shares of L'Air Liquide during the 3rd quarter worth approximately $202,000. Hancock Whitney Corp raised its position in L'Air Liquide by 8.7% in the 3rd quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company's stock valued at $652,000 after purchasing an additional 1,356 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in L'Air Liquide by 7.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company's stock valued at $1,506,000 after purchasing an additional 2,667 shares during the last quarter. Rhumbline Advisers raised its position in L'Air Liquide by 5.8% in the 4th quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company's stock valued at $1,986,000 after purchasing an additional 3,371 shares during the last quarter. Finally, Boston Common Asset Management LLC raised its position in 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 last quarter. Institutional investors own 0.01% of the company's stock.

About L'Air Liquide

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.