Short Interest in China Gas Holdings Limited (OTCMKTS:CGHLY) Drops By 52.4%

China Gas Holdings Limited (OTCMKTS:CGHLY) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 128 shares, a decline of 52.4% from the November 30th total of 269 shares. Based on an average trading volume of 217 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 217 shares, the short-interest ratio is presently 0.6 days.

China Gas Price Performance

CGHLY stock opened at $27.42 on Friday. The business’s 50-day moving average is $26.71 and its two-hundred day moving average is $25.55. China Gas has a fifty-two week low of $18.37 and a fifty-two week high of $27.64.

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.