Avance Gas Holding Ltd (OTCMKTS:AVACF) Short Interest Down 87.7% in January

Avance Gas Holding Ltd (OTCMKTS:AVACF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 12,100 shares, a drop of 87.7% from the December 31st total of 98,300 shares. Based on an average daily trading volume, of 42,100 shares, the short-interest ratio is presently 0.3 days.

Avance Gas Stock Up 2.3 %

OTCMKTS AVACF opened at $7.02 on Wednesday. The business has a 50 day moving average price of $8.06 and a 200 day moving average price of $10.38. Avance Gas has a 1-year low of $6.25 and a 1-year high of $19.57.

Avance Gas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 11th were given a $3.50 dividend. The ex-dividend date was Wednesday, December 11th. This represents a $14.00 annualized dividend and a dividend yield of 199.43%.

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.