Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,372 shares, a growth of ∞ from the June 30th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 51,253 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers increased its position in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 131,441 shares of the company’s stock after acquiring an additional 27,860 shares during the quarter. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 as of its most recent SEC filing.
Hong Kong & China Gas Price Performance
OTCMKTS HOKCY traded up $0.02 on Friday, hitting $0.84. 3,766 shares of the stock traded hands, compared to its average volume of 13,172. The business’s fifty day moving average is $0.84 and its two-hundred day moving average is $0.88. Hong Kong & China Gas has a 12 month low of $0.77 and a 12 month high of $1.01. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.63 and a quick ratio of 0.55.
Hong Kong & China Gas Company Profile
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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