China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 20 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 167 shares, the days-to-cover ratio is currently 0.1 days.
China Gas Stock Up 4.6%
Shares of CGHLY opened at $21.70 on Friday. The stock’s fifty day simple moving average is $22.90 and its 200 day simple moving average is $24.74. China Gas has a twelve month low of $20.75 and a twelve month high of $28.28.
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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