Avance Gas Holding Ltd (OTCMKTS:AVACF) Sees Large Growth in Short Interest

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 19,100 shares, a growth of 17.9% from the June 30th total of 16,200 shares. Based on an average daily trading volume, of 19,200 shares, the short-interest ratio is presently 1.0 days.

Avance Gas Stock Up 0.7 %

Shares of OTCMKTS AVACF traded up $0.10 during trading on Friday, reaching $14.40. 6,699 shares of the stock traded hands, compared to its average volume of 11,303. Avance Gas has a 52-week low of $8.28 and a 52-week high of $19.57. The company has a 50-day moving average of $15.92 and a 200-day moving average of $13.87.

About Avance Gas

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.