Short Interest in Avance Gas Holding Ltd (OTCMKTS:AVACF) Increases By 63.6%

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 16,200 shares, an increase of 63.6% from the June 15th total of 9,900 shares. Based on an average daily trading volume, of 13,900 shares, the short-interest ratio is currently 1.2 days.

Avance Gas Trading Down 4.9 %

AVACF stock traded down $0.73 during trading on Friday, reaching $14.23. 8,571 shares of the company’s stock were exchanged, compared to its average volume of 11,723. Avance Gas has a 1-year low of $8.10 and a 1-year high of $19.57. The company’s fifty day moving average price is $16.39 and its 200-day moving average price is $13.98.

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.