Air Liquide (OTCMKTS:AIQUY) Short Interest Update

Air Liquide (OTCMKTS:AIQUY) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 61,678 shares, a drop of 76.5% from the August 31st total of 262,959 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 501,197 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Air Liquide

An institutional investor recently bought a new stake in Air Liquide stock. Madison Asset Management LLC purchased a new stake in shares of Air Liquide (OTCMKTS:AIQUY) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Air Liquide Trading Up 0.0%

Shares of OTCMKTS:AIQUY traded up $0.01 on Monday, hitting $38.28. 47,064 shares of the company traded hands, compared to its average volume of 277,927. The stock has a 50 day simple moving average of $39.19 and a 200-day simple moving average of $40.28. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.87 and a quick ratio of 0.68. Air Liquide has a 52 week low of $32.88 and a 52 week high of $41.24.

About Air Liquide

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.