Short Interest in Hong Kong & China Gas Co. (OTCMKTS:HOKCY) Rises By ∞
by Teresa Graham · The Cerbat GemHong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 630 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily volume of 7,842 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers increased its holdings in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,441 shares of the company’s stock after buying an additional 27,860 shares during the quarter. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent reporting period.
Hong Kong & China Gas Stock Down 1.0%
HOKCY stock traded down $0.01 on Monday, hitting $0.95. 3,547 shares of the company’s stock were exchanged, compared to its average volume of 8,730. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 0.61. The firm has a 50 day moving average price of $0.89 and a two-hundred day moving average price of $0.89. Hong Kong & China Gas has a 12-month low of $0.74 and a 12-month high of $1.01.
About Hong Kong & China Gas
The Hong Kong and China Gas Company Limited, commonly known as Towngas, is a long-established utility and energy services company founded in 1862. It is principally engaged in the production, distribution and sale of town gas and related energy products, serving residential, commercial and industrial customers. Towngas operates through an integrated model that covers gas production facilities, transmission and distribution networks, customer metering and billing, and after-sales services.
Core products and services include piped town gas for household and commercial use, liquefied petroleum gas (LPG) distribution, gas appliances and fittings, and engineering, installation and maintenance services.