Air Liquide (OTCMKTS:AIQUY) Sees Significant Decrease in Short Interest

Air Liquide (OTCMKTS:AIQUY) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 41,842 shares, a decline of 33.2% from the May 14th total of 62,603 shares. Based on an average daily volume of 264,221 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Air Liquide Stock Down 1.5%

Air Liquide stock opened at $38.45 on Tuesday. The company’s fifty day simple moving average is $41.96 and its 200-day simple moving average is $39.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14. Air Liquide has a 12 month low of $32.88 and a 12 month high of $40.38.

Analyst Upgrades and Downgrades

AIQUY has been the topic of several recent analyst reports. Citigroup reissued a “buy” rating on shares of Air Liquide in a research note on Wednesday, April 29th. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Kepler Capital Markets raised shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Air Liquide presently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently raised its position in Air Liquide stock. Madison Asset Management LLC grew its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,573 shares of the basic materials company’s stock after acquiring an additional 2,061 shares during the period. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.03% of the company’s stock.

Air Liquide Company Profile

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.