Gaztransport & Technigaz SA (OTCMKTS:GZPZY) Sees Significant Decrease in Short Interest

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 200 shares, a decline of 71.4% from the November 30th total of 700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Gaztransport & Technigaz Stock Performance

OTCMKTS:GZPZY remained flat at $26.32 during trading hours on Thursday. The stock has a 50 day moving average of $28.78 and a two-hundred day moving average of $29.54. Gaztransport & Technigaz has a one year low of $26.32 and a one year high of $32.56.

Gaztransport & Technigaz Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 12th will be paid a dividend of $0.7686 per share. This is a boost from Gaztransport & Technigaz’s previous dividend of $0.36. The ex-dividend date of this dividend is Thursday, December 12th.

Gaztransport & Technigaz Company Profile

Gaztransport & Technigaz SA, a technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and liquefied natural gas (LNG) in South Korea, China, Russia, and internationally. The company offers solutions, such as commercial vessel tanks, small and medium-capacity LNG carriers, bunker barges and vessels, and floating storage structures and bunkering stations for supplying LNG to merchant vessels other than LNG carriers; and LNG fuel storage solutions and related systems for the merchant vessels that use LNG as a marine fuel to replace the conventional fuel oils.