Towngas Smart Energy Company Limited (OTCMKTS:TGASF – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 2,715,000 shares, a decrease of 36.9% from the September 15th total of 4,301,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Towngas Smart Energy Price Performance
Shares of Towngas Smart Energy stock opened at $0.42 on Friday. Towngas Smart Energy has a 12 month low of $0.43 and a 12 month high of $0.51. The stock’s fifty day simple moving average is $0.43 and its 200 day simple moving average is $0.46.
About Towngas Smart Energy
Towngas Smart Energy Company Limited is a Hong Kong-based energy company focused primarily on the development and operation of natural gas businesses in mainland China. The company is a subsidiary of The Hong Kong and China Gas Company Limited, commonly known as Towngas.
Its principal activities include the distribution and sale of piped natural gas to residential, commercial and industrial customers, as well as the operation of city-gas projects. The company also provides natural gas vehicle services, gas-related engineering and construction, and other energy solutions connected with local gas networks.
In recent years, Towngas Smart Energy has expanded beyond traditional gas distribution into integrated energy and low-carbon businesses.
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