China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 122 shares, a decline of 52.7% from the October 15th total of 258 shares. Based on an average daily volume of 41 shares, the short-interest ratio is presently 3.0 days.
China Gas Stock Performance
Shares of CGHLY remained flat at $16.50 during trading hours on Friday. The stock has a 50-day moving average of $16.95 and a 200-day moving average of $20.72. China Gas has a 1 year low of $15.45 and a 1 year high of $28.28.
About China Gas
China Gas Holdings Limited is a Hong Kong-based energy company focused on the distribution and supply of natural gas in mainland China. Through its city-gas operations, the company serves residential, commercial and industrial customers, providing piped natural gas and related utility services. The company’s activities also include the development and operation of compressed natural gas and liquefied natural gas facilities, liquefied petroleum gas distribution, natural-gas vehicle fueling and the sale of gas appliances and related equipment.
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