China Gas Holdings Limited (OTCMKTS:CGHLY) Sees Significant Drop in Short Interest

China Gas Holdings Limited (OTCMKTS:CGHLYGet Free Report) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 29 shares, a decline of 83.3% from the December 31st total of 174 shares. Based on an average trading volume of 70 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 70 shares, the days-to-cover ratio is currently 0.4 days.

China Gas Stock Performance

CGHLY traded down $0.00 during midday trading on Tuesday, reaching $21.86. The business’s fifty day simple moving average is $25.75 and its two-hundred day simple moving average is $25.60. China Gas has a 1-year low of $18.37 and a 1-year high of $27.64.

China Gas Company Profile

(Get Free Report)

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.

Further Reading

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