Avance Gas Holding Ltd (OTCMKTS:AVACF) Sees Significant Increase in Short Interest

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 29,200 shares, a growth of 41.7% from the July 31st total of 20,600 shares. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is presently 1.4 days.

Avance Gas Price Performance

Shares of AVACF traded down $0.35 during trading hours on Thursday, reaching $11.80. The company’s stock had a trading volume of 8,686 shares, compared to its average volume of 11,535. The company has a 50 day moving average of $14.67 and a two-hundred day moving average of $14.13. Avance Gas has a 1-year low of $9.50 and a 1-year high of $19.57.

Avance Gas Company Profile

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.