Short Interest in China Gas Holdings Limited (OTCMKTS:CGHLY) Rises By 297.6%

China Gas Holdings Limited (OTCMKTS:CGHLY) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 330 shares, a growth of 297.6% from the April 15th total of 83 shares. Based on an average daily volume of 215 shares, the short-interest ratio is currently 1.5 days.

China Gas Price Performance

OTCMKTS CGHLY remained flat at $23.25 during trading hours on Wednesday. The company had a trading volume of 200 shares, compared to its average volume of 221. The firm has a fifty day moving average of $24.82 and a 200-day moving average of $25.36. China Gas has a fifty-two week low of $21.86 and a fifty-two week 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.