Air Liquide (OTCMKTS:AIQUY) Short Interest Update

Air Liquide (OTCMKTS:AIQUY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 262,959 shares, a growth of 329.9% from the August 15th total of 61,161 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 672,044 shares, the days-to-cover ratio is currently 0.4 days.

Air Liquide Price Performance

Air Liquide stock opened at $38.58 on Friday. Air Liquide has a 12 month low of $32.88 and a 12 month high of $41.24. The business’s fifty day simple moving average is $39.60 and its two-hundred day simple moving average is $40.47. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.87 and a quick ratio of 0.68.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently bought a new stake in Air Liquide stock. Madison Asset Management LLC acquired a new stake in shares of Air Liquide (OTCMKTS:AIQUY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. 0.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AIQUY shares. Morgan Stanley raised shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research report on Monday, July 20th. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Mizuho upgraded shares of Air Liquide to a “strong-buy” rating in a report on Monday, August 31st. Finally, Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Air Liquide Company Profile

Air Liquide (OTCMKTS:AIQUY) is a global industrial and healthcare gases company that supplies essential gases, technologies and related services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases, which are used in manufacturing, chemicals, energy, food and beverage, electronics, healthcare and scientific research.

The company also designs and operates gas production and distribution systems, provides industrial and medical equipment, and develops solutions related to hydrogen, low-carbon industry and the energy transition.