China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 223 shares, an increase of 90.6% from the September 15th total of 117 shares. Based on an average daily trading volume, of 54 shares, the days-to-cover ratio is presently 4.1 days.
China Gas Stock Performance
Shares of CGHLY stock opened at $16.36 on Friday. The stock has a 50-day moving average price of $17.44 and a 200 day moving average price of $19.83. China Gas has a 12 month low of $15.45 and a 12 month high of $28.28.
About China Gas
China Gas Holdings Limited is a Chinese energy company focused on the distribution and supply of natural gas and other fuel products. Through its city-gas operations, the company provides piped natural gas to residential, commercial and industrial customers, while also developing related infrastructure such as gas pipelines, storage facilities and distribution networks.
The company’s business activities also include the supply of liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG), as well as vehicle refueling and gas-related services.
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