China Gas Holdings Limited (OTCMKTS:CGHLY) Sees Large Decrease in Short Interest

China Gas Holdings Limited (OTCMKTS:CGHLY) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 50.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 0.5 days.

China Gas Price Performance

OTCMKTS:CGHLY remained flat at $21.49 during mid-day trading on Friday. 7 shares of the company were exchanged, compared to its average volume of 527. The business’s 50-day simple moving average is $21.34 and its two-hundred day simple moving average is $21.35. China Gas has a 52 week low of $18.37 and a 52 week high of $26.25.

About China Gas

China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipelines, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG.