China Gas Holdings Limited (OTCMKTS:CGHLY) Short Interest Up 96.2% in February

China Gas Holdings Limited (OTCMKTS:CGHLYGet Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 51 shares, an increase of 96.2% from the January 29th total of 26 shares. Based on an average daily volume of 34 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 34 shares, the days-to-cover ratio is currently 1.5 days.

China Gas Price Performance

Shares of OTCMKTS:CGHLY opened at $28.28 on Monday. The company’s fifty day moving average is $24.71 and its two-hundred day moving average is $25.48. China Gas has a 1-year low of $21.04 and a 1-year high of $28.28.

About China Gas

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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.

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