China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 223 shares, an increase of 90.6% from the September 15th total of 117 shares. Based on an average daily volume of 54 shares, the short-interest ratio is presently 4.1 days.
China Gas Stock Performance
Shares of CGHLY stock remained flat at $16.36 on Thursday. The stock had a trading volume of 296 shares, compared to its average volume of 287. The company’s fifty day moving average price is $17.49 and its 200-day moving average price is $19.89. China Gas has a 12 month low of $15.45 and a 12 month high of $28.28.
About China Gas
China Gas Holdings Limited is a Chinese energy company focused on the distribution and supply of natural gas and other fuel products. Through its city-gas operations, the company provides piped natural gas to residential, commercial and industrial customers, while also developing related infrastructure such as gas pipelines, storage facilities and distribution networks.
The company’s business activities also include the supply of liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG), as well as vehicle refueling and gas-related services.
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