Hong Kong & China Gas Co. (OTCMKTS:HOKCY) Short Interest Update

Hong Kong & China Gas Co. (OTCMKTS:HOKCYGet Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,498 shares, an increase of 130.7% from the November 30th total of 1,516 shares. Based on an average daily trading volume, of 12,404 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 12,404 shares, the short-interest ratio is presently 0.3 days.

Hong Kong & China Gas Stock Down 0.0%

Shares of OTCMKTS HOKCY opened at $0.87 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.63. Hong Kong & China Gas has a twelve month low of $0.68 and a twelve month high of $1.00. The business has a 50 day simple moving average of $0.89 and a 200-day simple moving average of $0.86.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers lifted its holdings in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCYFree Report) by 26.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 131,441 shares of the company’s stock after buying an additional 27,860 shares during the period. 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 Company Profile

(Get Free Report)

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.

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