Short Interest in L’Air Liquide S.A. (OTCMKTS:AIQUY) Declines By 11.0%

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 35,700 shares, a drop of 11.0% from the October 31st total of 40,100 shares. Based on an average daily volume of 475,800 shares, the days-to-cover ratio is currently 0.1 days.

L’Air Liquide Trading Up 0.8 %

L’Air Liquide stock opened at $33.25 on Monday. The stock has a fifty day moving average price of $35.94 and a 200 day moving average price of $36.04. L’Air Liquide has a 52 week low of $32.45 and a 52 week high of $39.54.

Institutional Investors Weigh In On L’Air Liquide

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kornitzer Capital Management Inc. KS acquired a new position in shares of L’Air Liquide in the 3rd quarter valued at about $202,000. Hancock Whitney Corp raised its holdings in L’Air Liquide by 8.7% in the third quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company’s stock valued at $652,000 after buying an additional 1,356 shares during the period. Moloney Securities Asset Management LLC lifted its position in L’Air Liquide by 7.4% during the third quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company’s stock valued at $1,506,000 after buying an additional 2,667 shares in the last quarter. Rhumbline Advisers grew its stake in L’Air Liquide by 20.5% during the second quarter. Rhumbline Advisers now owns 54,408 shares of the basic materials company’s stock worth $1,885,000 after buying an additional 9,268 shares during the period. Finally, Boston Common Asset Management LLC increased its position in shares of L’Air Liquide by 7.2% in the third quarter. Boston Common Asset Management LLC now owns 70,804 shares of the basic materials company’s stock worth $2,738,000 after acquiring an additional 4,726 shares in the last quarter. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About L’Air Liquide

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.