Short Interest in China Gas Holdings Limited (OTCMKTS:CGHLY) Drops By 50.0%

China Gas Holdings Limited (OTCMKTS:CGHLY) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 13th total of 200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days.

China Gas Stock Performance

Shares of CGHLY stock remained flat at $21.49 on Friday. The company had a trading volume of 41 shares, compared to its average volume of 527. China Gas has a one year low of $18.37 and a one year high of $26.25. The company has a 50-day simple moving average of $21.34 and a 200 day simple moving average of $21.35.

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.