Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,372 shares, an increase of ∞ from the June 30th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 51,253 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers lifted its holdings in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 131,441 shares of the company’s stock after acquiring an additional 27,860 shares during the period. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 as of its most recent filing with the SEC.
Hong Kong & China Gas Trading Up 2.3%
OTCMKTS HOKCY traded up $0.02 on Wednesday, reaching $0.81. The stock had a trading volume of 3,481 shares, compared to its average volume of 13,257. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.55 and a current ratio of 0.63. The firm has a fifty day moving average of $0.85 and a two-hundred day moving average of $0.88. Hong Kong & China Gas has a 1-year low of $0.77 and a 1-year high of $1.01.
About Hong Kong & China Gas
The Hong Kong and China Gas Company Limited, commonly known as Towngas, is a long-established utility and energy services company founded in 1862. It is principally engaged in the production, distribution and sale of town gas and related energy products, serving residential, commercial and industrial customers. Towngas operates through an integrated model that covers gas production facilities, transmission and distribution networks, customer metering and billing, and after-sales services.
Core products and services include piped town gas for household and commercial use, liquefied petroleum gas (LPG) distribution, gas appliances and fittings, and engineering, installation and maintenance services.
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