Avance Gas Holding Ltd (OTCMKTS: AVACF) Short interest down 93.8% in June


Avance Gas Holding Ltd (OTCMKTS: AVACF – Get Rating) benefited from a significant drop in short interest in June. As of June 15, there was short interest totaling 1,100 shares, a decline of 93.8% from the total of 17,800 shares as of May 31. Based on an average daily volume of 9,000 shares, the day-to-cover ratio is currently 0.1 day.

OTCMKTS AVICF opened at $5.55 on Wednesday. The company has a fifty-day moving average price of $5.08 and a 200-day moving average price of $4.37. Avance Gas has a one-year minimum of $3.52 and a one-year maximum of $6.85.

Avance Gas Company Profile (Get an assessment)

Avance Gas Holding Ltd, together with its subsidiaries, is engaged in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Arabian Gulf and US Gulf/US East Coast to destinations in Europe, South America, India and Asia. As of December 31, 2021, it owned and operated a fleet of thirteen very large LNG carriers.

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