Avance Gas Holding Ltd (OTCMKTS:AVACF) Short Interest Down 20.8% in November

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 11,800 shares, a decrease of 20.8% from the October 31st total of 14,900 shares. Based on an average trading volume of 18,500 shares, the days-to-cover ratio is presently 0.6 days.

Avance Gas Stock Up 4.2 %

AVACF stock opened at $10.42 on Monday. Avance Gas has a 52 week low of $9.17 and a 52 week high of $19.57. The business has a 50-day simple moving average of $9.91 and a 200 day simple moving average of $12.93.

Avance Gas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, December 11th will be given a dividend of $3.50 per share. The ex-dividend date is Wednesday, December 11th. This represents a $14.00 annualized dividend and a dividend yield of 134.42%.

About Avance Gas

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.