Short Interest in China Resources Gas Group Limited (OTCMKTS:CRGGF) Declines By 16.1%

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 4,076,100 shares, a decrease of 16.1% from the August 15th total of 4,857,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 40,761.0 days.

China Resources Gas Group Stock Performance

Shares of China Resources Gas Group stock remained flat at $4.02 during midday trading on Wednesday. The business’s 50 day moving average price is $3.71 and its 200 day moving average price is $3.40. China Resources Gas Group has a 12 month low of $2.64 and a 12 month high of $4.19.

China Resources Gas Group Company Profile

China Resources Gas Group Limited, an investment holding company, engages in the sale of natural and liquefied gas, and connection of gas pipelines. The company operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Comprehensive Services, Design and Construction Services, and Gas Stations segments.