China Resources Gas Group Limited (OTCMKTS:CRGGF) Short Interest Up 52.5% in January

by · The Markets Daily

China Resources Gas Group Limited (OTCMKTS:CRGGF – Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 3,980,014 shares, an increase of 52.5% from the December 31st total of 2,610,214 shares. Based on an average trading volume of 415 shares, the days-to-cover ratio is presently 9,590.4 days. Based on an average trading volume of 415 shares, the days-to-cover ratio is presently 9,590.4 days.

China Resources Gas Group Stock Performance

Shares of CRGGF remained flat at $2.83 during mid-day trading on Friday. The firm has a 50-day simple moving average of $2.84 and a two-hundred day simple moving average of $2.63. China Resources Gas Group has a 52-week low of $2.30 and a 52-week high of $4.31.

About China Resources Gas Group

(Get Free Report)

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).

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