L'Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Down 46.4% in March

L'Air Liquide S.A. (OTCMKTS:AIQUY - Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 132,000 shares, a decrease of 46.4% from the March 15th total of 246,300 shares. Based on an average trading volume of 434,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On L'Air Liquide

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in L'Air Liquide by 52.2% in the first quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company's stock valued at $176,000 after acquiring an additional 1,588 shares in the last quarter. SVB Wealth LLC purchased a new stake in L'Air Liquide in the fourth quarter valued at about $248,000. Madison Investment Advisors LLC purchased a new stake in shares of L'Air Liquide during the fourth quarter worth about $1,147,000. Rhumbline Advisers lifted its position in L'Air Liquide by 5.8% during the 4th quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company's stock worth $1,986,000 after acquiring an additional 3,371 shares during the period. Finally, Boston Common Asset Management LLC raised its position in L'Air Liquide by 72.8% during the 1st quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company's stock worth $4,098,000 after buying an additional 45,612 shares during the last quarter. Hedge funds and other institutional investors own 0.01% of the company's stock.

L'Air Liquide Trading Up 0.3 %

Shares of OTCMKTS AIQUY traded up $0.12 during midday trading on Monday, reaching $39.41. 173,173 shares of the company's stock traded hands, compared to its average volume of 290,547. 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 $39.98. The stock's 50 day simple moving average is $37.83 and its 200-day simple moving average is $35.51.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on AIQUY shares. Redburn Atlantic upgraded shares of L'Air Liquide from a "hold" rating to a "strong-buy" rating in a report on Friday, January 24th. Citigroup reiterated a "buy" rating on shares of L'Air Liquide in a research report on Monday, March 24th.

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.