China Resources Gas Group Limited (OTCMKTS:CRGGF) Sees Significant Decrease in Short Interest

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 1,525,939 shares, a drop of 54.9% from the January 29th total of 3,383,684 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Resources Gas Group Stock Performance

Shares of China Resources Gas Group stock remained flat at $2.83 during trading on Friday. China Resources Gas Group has a twelve month low of $2.30 and a twelve month high of $4.31. The stock has a 50-day moving average price of $2.86 and a two-hundred day moving average price of $2.64.

China Resources Gas Group Company Profile

China Resources Gas Group Limited (OTCMKTS: CRGGF) is a Hong Kong–based energy company primarily engaged in the investment, construction and operation of urban pipeline gas distribution networks. As a subsidiary of China Resources (Holdings) Co, Ltd., the group provides piped natural gas and related services to residential, commercial and industrial customers across mainland China. It focuses on delivering clean energy solutions through both traditional and emerging gas infrastructure.

The company’s core activities include the sale and distribution of piped natural gas, liquefied petroleum gas (LPG) and compressed natural gas (CNG).