China Resources Gas Group Limited (OTCMKTS:CRGGF – Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 3,980,014 shares, an increase of 52.5% from the December 31st total of 2,610,214 shares. Based on an average trading volume of 415 shares, the days-to-cover ratio is presently 9,590.4 days. Based on an average trading volume of 415 shares, the days-to-cover ratio is presently 9,590.4 days.
China Resources Gas Group Stock Performance
Shares of CRGGF remained flat at $2.83 during trading hours on Friday. The stock has a 50-day moving average of $2.84 and a 200-day moving average of $2.63. China Resources Gas Group has a 1 year low of $2.30 and a 1 year high of $4.31.
About China Resources Gas Group
China Resources Gas Group Limited (OTCMKTS: CRGGF) is a Hong Kong–based energy company primarily engaged in the investment, construction and operation of urban pipeline gas distribution networks. As a subsidiary of China Resources (Holdings) Co, Ltd., the group provides piped natural gas and related services to residential, commercial and industrial customers across mainland China. It focuses on delivering clean energy solutions through both traditional and emerging gas infrastructure.
The company’s core activities include the sale and distribution of piped natural gas, liquefied petroleum gas (LPG) and compressed natural gas (CNG).
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