China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 102 shares, a growth of 410.0% from the May 31st total of 20 shares. Based on an average daily volume of 85 shares, the days-to-cover ratio is currently 1.2 days.
China Gas Price Performance
OTCMKTS:CGHLY opened at $18.70 on Friday. China Gas has a fifty-two week low of $18.26 and a fifty-two week high of $28.28. The business has a 50 day moving average price of $22.21 and a 200-day moving average price of $24.22.
About China Gas
China Gas (OTCMKTS:CGHLY) is a Hong Kong–based energy company primarily engaged in the distribution and sale of natural gas in the People’s Republic of China. Through its network of subsidiaries, the company builds, owns and operates city-gas pipeline systems that deliver piped natural gas to residential, commercial and industrial customers. In addition to its core piped‐gas business, China Gas develops liquefied natural gas (LNG) and compressed natural gas (CNG) refilling stations to support transportation and decentralized energy needs.
The company’s operations encompass the entire gas‐value chain, from upstream procurement and storage to downstream distribution and retail.
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