Gaztransport & Technigaz SA (OTCMKTS:GZPZY) Short Interest Down 90.9% in August

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 313 shares, a drop of 90.9% from the July 30th total of 3,443 shares. Based on an average daily volume of 2,327 shares, the short-interest ratio is presently 0.1 days.

Gaztransport & Technigaz Stock Down 6.7%

GZPZY traded down $3.35 during midday trading on Tuesday, hitting $46.32. 131 shares of the company were exchanged, compared to its average volume of 1,798. The firm’s 50 day moving average price is $45.33 and its 200-day moving average price is $45.64. Gaztransport & Technigaz has a 1-year low of $36.36 and a 1-year high of $49.95.

Gaztransport & Technigaz Company Profile

Gaztransport & Technigaz (GTT) is a French engineering company specializing in the design and licensing of cryogenic membrane containment systems for liquefied natural gas (LNG) carriers, floating storage regasification units (FSRUs), and onshore LNG storage tanks. Leveraging advanced materials and proprietary membrane technologies, GTT’s systems are engineered to maintain ultra-low temperatures required for the safe transport and storage of LNG. The company also offers a range of associated services, including technical consulting, maintenance support, and software solutions to optimize the performance and safety of its containment systems.

Founded through the merger of Gaztransport SA and Technigaz SA in 1994, GTT traces its origins back to early pioneers of LNG containment technology in the late 20th century.