China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 330 shares, a growth of 297.6% from the April 15th total of 83 shares. Based on an average daily volume of 215 shares, the days-to-cover ratio is currently 1.5 days.
China Gas Price Performance
Shares of China Gas stock remained flat at $23.25 on Thursday. The company’s 50-day simple moving average is $24.62 and its 200 day simple moving average is $25.34. China Gas has a one year low of $21.86 and a one year high of $28.28.
China Gas Company Profile
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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