Short Interest in Towngas Smart Energy Company Limited (OTCMKTS:TGASF) Increases By 28.6%

Towngas Smart Energy Company Limited (OTCMKTS:TGASFGet Rating) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 2,743,000 shares, a growth of 28.6% from the March 15th total of 2,133,500 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 3,428.8 days.

OTCMKTS:TGASF opened at $0.52 on Monday. Towngas Smart Energy has a 52 week low of $0.48 and a 52 week high of $0.82. The stock’s 50-day moving average price is $0.63 and its 200-day moving average price is $0.69.

Towngas Smart Energy Company Profile (Get Rating)

Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the People's Republic of China. The company operates through two segments, Sales and Distribution of Piped Gas and Related Products, and Gas Connection. It engages in the provision of piped gas; construction of gas pipelines; operation of city gas pipeline network; operation of gas fuel automobile refilling stations; and sale of gas household appliances.

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