China Resources Gas Group Limited (OTCMKTS:CRGGF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 68,800 shares, an increase of 19.2% from the August 15th total of 57,700 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 45.9 days.
Shares of CRGGF traded up $0.15 during mid-day trading on Wednesday, reaching $4.75. The company had a trading volume of 399 shares, compared to its average volume of 385. China Resources Gas Group has a 52 week low of $4.60 and a 52 week high of $5.65. The firm has a 50-day moving average price of $4.81 and a 200 day moving average price of $5.06.
China Resources Gas Group Company Profile
China Resources Gas Group Limited, an investment holding company, engages in the sale of liquefied gas and connection of gas pipelines in the People's Republic of China and Hong Kong. It operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Sale of Gas Appliances, Design and Construction Services, and Gas Stations segments.
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