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

China Resources Gas Group Limited (OTCMKTS:CRGGFGet Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 683,300 shares, an increase of 103.0% from the April 15th total of 336,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

China Resources Gas Group Stock Performance

OTCMKTS:CRGGF opened at $2.83 on Monday. The stock’s 50-day moving average price is $2.83 and its 200-day moving average price is $2.79. China Resources Gas Group has a 52 week low of $2.30 and a 52 week high of $4.31.

About China Resources Gas Group

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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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