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

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 468 shares, a growth of 218.4% from the October 15th total of 147 shares. Based on an average daily volume of 927 shares, the days-to-cover ratio is currently 0.5 days.

Gaztransport & Technigaz Price Performance

GZPZY stock remained flat at $40.66 during midday trading on Thursday. 89 shares of the company’s stock were exchanged, compared to its average volume of 1,585. Gaztransport & Technigaz has a 1 year low of $37.35 and a 1 year high of $53.67. The stock’s 50 day simple moving average is $47.91 and its 200-day simple moving average is $46.08.

About Gaztransport & Technigaz

Gaztransport & Technigaz (GTT) is a French engineering company specializing in containment systems for liquefied natural gas (LNG) and other liquefied gases. It designs membrane technologies that keep LNG at cryogenic temperatures during storage and transport. Its systems are used in LNG carriers, floating storage and regasification units, and onshore storage tanks. GTT also provides engineering support and technical services to shipyards, shipowners, and energy companies, and develops technologies for using LNG as marine fuel.