Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 1,372 shares, a growth of ∞ from the June 30th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 51,253 shares, the short-interest ratio is presently 0.0 days.
Hong Kong & China Gas Stock Performance
Hong Kong & China Gas stock opened at $0.85 on Thursday. Hong Kong & China Gas has a 52-week low of $0.77 and a 52-week high of $1.01. The firm has a fifty day moving average of $0.84 and a 200-day moving average of $0.88. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.63 and a quick ratio of 0.55.
Institutional Trading of Hong Kong & China Gas
An institutional investor recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers boosted its holdings in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 131,441 shares of the company’s stock after purchasing an additional 27,860 shares during the period. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent reporting period.
About Hong Kong & China Gas
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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