China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 20 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 167 shares, the days-to-cover ratio is presently 0.1 days.
China Gas Stock Performance
Shares of CGHLY stock opened at $21.70 on Monday. The stock has a 50 day moving average of $22.90 and a 200-day moving average of $24.72. China Gas has a 12 month low of $20.75 and a 12 month 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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