China Resources Gas Group Limited (OTCMKTS:CRGGF) Short Interest Down 74.4% in March

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 373,900 shares, a drop of 74.4% from the February 26th total of 1,461,400 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 187.0 days. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 187.0 days.

China Resources Gas Group Stock Performance

Shares of OTCMKTS CRGGF opened at $2.83 on Wednesday. China Resources Gas Group has a one year low of $2.30 and a one year high of $4.31. The business’s 50-day moving average price is $2.83 and its two-hundred day moving average price is $2.70.

China Resources Gas Group Company Profile

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).