Short Interest in China Resources Gas Group Limited (OTCMKTS:CGASY) Rises By ∞

China Resources Gas Group Limited (OTCMKTS:CGASY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 48 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 563 shares, the days-to-cover ratio is presently 0.1 days.

China Resources Gas Group Price Performance

CGASY opened at $19.68 on Friday. The firm has a 50 day moving average price of $20.71 and a 200 day moving average price of $24.34. China Resources Gas Group has a 1 year low of $16.68 and a 1 year high of $26.10.

About China Resources Gas Group

China Resources Gas Group is one of China’s leading integrated city gas operators, primarily engaged in the distribution and sale of piped natural gas to residential, commercial and industrial customers. As a subsidiary of the state-owned conglomerate China Resources Holdings, the company develops, constructs and manages urban gas pipeline networks, and provides related engineering and maintenance services. Its core offerings include the sale of piped natural gas, liquefied petroleum gas (LPG) and compressed natural gas (CNG), alongside the procurement, storage and distribution of these energy products.

Since its establishment in 1994, China Resources Gas Group has expanded its footprint across mainland China, serving more than 200 cities in multiple provinces.