China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 51 shares, an increase of 96.2% from the January 29th total of 26 shares. Based on an average daily trading volume, of 34 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 34 shares, the short-interest ratio is currently 1.5 days.
China Gas Price Performance
Shares of CGHLY opened at $28.28 on Friday. The company’s fifty day moving average price is $24.71 and its 200-day moving average price is $25.50. China Gas has a 1-year low of $21.04 and a 1-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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