China Resources Gas Group Limited (OTCMKTS:CRGGF) Sees Significant Drop in Short Interest

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,525,939 shares, a decrease of 54.9% from the January 29th total of 3,383,684 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Resources Gas Group Stock Performance

Shares of OTCMKTS:CRGGF remained flat at $2.83 on Friday. The stock has a fifty day moving average price of $2.86 and a two-hundred day moving average price of $2.64. China Resources Gas Group has a 1 year low of $2.30 and a 1 year high of $4.31.

About China Resources Gas Group

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).