L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Down 64.6% in April

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 22,100 shares, a decrease of 64.6% from the March 31st total of 62,400 shares. Based on an average daily trading volume, of 183,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On L’Air Liquide

Several large investors have recently made changes to their positions in the business. Paradigm Asset Management Co. LLC increased its position in shares of L’Air Liquide by 111.8% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 31,257 shares of the basic materials company’s stock valued at $1,052,000 after purchasing an additional 16,500 shares during the last quarter. SVB Wealth LLC increased its holdings in L’Air Liquide by 5.5% in the 3rd quarter. SVB Wealth LLC now owns 12,766 shares of the basic materials company’s stock worth $430,000 after acquiring an additional 669 shares during the last quarter. OLD National Bancorp IN purchased a new stake in L’Air Liquide in the 4th quarter worth about $222,000. Kornitzer Capital Management Inc. KS purchased a new stake in L’Air Liquide in the 4th quarter worth about $201,000. Finally, GAMMA Investing LLC increased its holdings in L’Air Liquide by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 3,067 shares of the basic materials company’s stock worth $128,000 after acquiring an additional 760 shares during the last quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.

L’Air Liquide Stock Up 0.7 %

Shares of L’Air Liquide stock opened at $39.67 on Friday. L’Air Liquide has a 1 year low of $32.18 and a 1 year high of $42.81. The stock has a fifty day moving average price of $40.93 and a 200-day moving average price of $38.17. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.34.

L’Air Liquide Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 17th will be given a dividend of $0.681 per share. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from L’Air Liquide’s previous dividend of $0.48.

L’Air Liquide Company Profile

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.