Hong Kong & China Gas Co. (OTCMKTS:HOKCY) Short Interest Up ∞ in July

Hong Kong & China Gas Co. (OTCMKTS:HOKCY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 1,372 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 51,253 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hong Kong & China Gas Stock Performance

Shares of HOKCY traded up $0.02 during mid-day trading on Wednesday, hitting $0.81. 3,481 shares of the company’s stock were exchanged, compared to its average volume of 13,257. Hong Kong & China Gas has a 52 week low of $0.77 and a 52 week high of $1.01. The stock’s 50-day simple moving average is $0.85 and its 200-day simple moving average is $0.88. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 0.61.

Institutional Investors Weigh In On Hong Kong & China Gas

An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers boosted its stake in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY) by 26.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,441 shares of the company’s stock after acquiring an additional 27,860 shares during the period. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent reporting period.

About Hong Kong & China Gas

The Hong Kong and China Gas Company Limited, commonly known as Towngas, is a long-established utility and energy services company founded in 1862. It is principally engaged in the production, distribution and sale of town gas and related energy products, serving residential, commercial and industrial customers. Towngas operates through an integrated model that covers gas production facilities, transmission and distribution networks, customer metering and billing, and after-sales services.

Core products and services include piped town gas for household and commercial use, liquefied petroleum gas (LPG) distribution, gas appliances and fittings, and engineering, installation and maintenance services.