Short Interest in China Gas Holdings Limited (OTCMKTS:CGHLY) Decreases By 52.4%

China Gas Holdings Limited (OTCMKTS:CGHLY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 128 shares, a decrease of 52.4% from the November 30th total of 269 shares. Based on an average daily volume of 217 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 217 shares, the short-interest ratio is currently 0.6 days.

China Gas Stock Performance

Shares of OTCMKTS:CGHLY opened at $27.42 on Friday. The firm’s 50 day moving average is $26.71 and its two-hundred day moving average is $25.53. China Gas has a 52 week low of $18.37 and a 52 week high of $27.64.

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.