China Resources Gas Group Limited (OTCMKTS:CRGGF) Sees Significant Increase in Short Interest

China Resources Gas Group Limited (OTCMKTS:CRGGFGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,569,240 shares, an increase of 23.5% from the November 30th total of 1,270,482 shares. Based on an average daily volume of 172 shares, the short-interest ratio is currently 9,123.5 days. Based on an average daily volume of 172 shares, the short-interest ratio is currently 9,123.5 days.

China Resources Gas Group Price Performance

CRGGF opened at $2.90 on Friday. The business’s 50 day moving average is $2.68 and its 200-day moving average is $2.62. China Resources Gas Group has a twelve month low of $2.30 and a twelve month high of $4.60.

About China Resources Gas Group

(Get Free Report)

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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