Short Interest in China Gas Holdings Limited (OTCMKTS:CGHLY) Increases By 937.5%

China Gas Holdings Limited (OTCMKTS:CGHLY) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 166 shares, a growth of 937.5% from the February 26th total of 16 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is presently 8.3 days.

China Gas Price Performance

CGHLY remained flat at $24.52 during trading on Thursday. The company’s stock had a trading volume of 315 shares, compared to its average volume of 169. The stock has a fifty day simple moving average of $25.22 and a 200 day simple moving average of $25.58. China Gas has a 12-month low of $21.04 and a 12-month high of $28.28.

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.