Gaztransport & Technigaz SA (OTCMKTS:GZPZY) Short Interest Update

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 3,039 shares, an increase of 2,411.6% from the May 31st total of 121 shares. Based on an average daily volume of 757 shares, the days-to-cover ratio is presently 4.0 days.

Gaztransport & Technigaz Stock Performance

OTCMKTS GZPZY traded down $5.58 during trading on Thursday, hitting $41.00. 8,390 shares of the stock traded hands, compared to its average volume of 1,908. Gaztransport & Technigaz has a 12-month low of $36.36 and a 12-month high of $48.95. The firm has a 50-day simple moving average of $46.83 and a 200-day simple moving average of $43.83.

Gaztransport & Technigaz Company Profile

Gaztransport & Technigaz (GTT) is a French engineering company specializing in the design and licensing of cryogenic membrane containment systems for liquefied natural gas (LNG) carriers, floating storage regasification units (FSRUs), and onshore LNG storage tanks. Leveraging advanced materials and proprietary membrane technologies, GTT’s systems are engineered to maintain ultra-low temperatures required for the safe transport and storage of LNG. The company also offers a range of associated services, including technical consulting, maintenance support, and software solutions to optimize the performance and safety of its containment systems.

Founded through the merger of Gaztransport SA and Technigaz SA in 1994, GTT traces its origins back to early pioneers of LNG containment technology in the late 20th century.