China Gas Holdings Limited (OTCMKTS:CGHLY) Sees Significant Increase in Short Interest

China Gas Holdings Limited (OTCMKTS:CGHLY) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 166 shares, a growth of 937.5% from the February 26th total of 16 shares. Based on an average daily trading volume, of 20 shares, the short-interest ratio is currently 8.3 days. Based on an average daily trading volume, of 20 shares, the short-interest ratio is currently 8.3 days.

China Gas Price Performance

Shares of CGHLY stock remained flat at $25.61 on Tuesday. The stock had a trading volume of 104 shares, compared to its average volume of 141. China Gas has a fifty-two week low of $21.04 and a fifty-two week high of $28.28. The company’s fifty day simple moving average is $25.09 and its 200-day simple moving average is $25.58.

About China Gas

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.