Gaztransport & Technigaz SA (OTCMKTS:GZPZY) Sees Large Growth in Short Interest

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 513 shares, an increase of 63.9% from the August 15th total of 313 shares. Based on an average daily trading volume, of 169 shares, the short-interest ratio is currently 3.0 days.

Gaztransport & Technigaz Stock Performance

Shares of GZPZY stock opened at $53.67 on Thursday. The company’s 50-day simple moving average is $47.15 and its two-hundred day simple moving average is $46.40. Gaztransport & Technigaz has a one year low of $36.36 and a one year high of $53.67.

About Gaztransport & Technigaz

Gaztransport & Technigaz (GTT) is a French engineering company specializing in the design and licensing of cryogenic membrane containment systems for liquefied natural gas (LNG) carriers, floating storage regasification units (FSRUs), and onshore LNG storage tanks. Leveraging advanced materials and proprietary membrane technologies, GTT’s systems are engineered to maintain ultra-low temperatures required for the safe transport and storage of LNG. The company also offers a range of associated services, including technical consulting, maintenance support, and software solutions to optimize the performance and safety of its containment systems.

Founded through the merger of Gaztransport SA and Technigaz SA in 1994, GTT traces its origins back to early pioneers of LNG containment technology in the late 20th century.