China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the December 31st total of 700 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 0.3 days.
China Gas Price Performance
CGHLY stock traded up $0.24 during trading on Thursday, hitting $21.10. 985 shares of the company’s stock traded hands, compared to its average volume of 409. The business has a fifty day simple moving average of $21.23 and a 200 day simple moving average of $21.79. China Gas has a 52 week low of $18.37 and a 52 week high of $26.25.
China Gas Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Tuesday, January 7th will be paid a $0.4823 dividend. The ex-dividend date is Tuesday, January 7th.
About China Gas
China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipelines, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG.
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