China Natural Gas, Inc. (OTCMKTS:CHNGQ) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 34,400 shares, an increase of 911.8% from the August 31st total of 3,400 shares. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is presently 1.8 days.

CHNGQ stock opened at $0.01 on Monday. The company has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01. China Natural Gas has a 1 year low of $0.00 and a 1 year high of $0.06.

China Natural Gas Company Profile

China Natural Gas, Inc, an integrated natural gas operator, engages in the sale and distribution of natural gas and gasoline to commercial, industrial, and residential customers in the People's Republic of China. The company is primarily involved in the distribution of compressed natural gas (CNG) through its variable interest entity-owned CNG fueling stations.

Read More: Intrinsic Value and Stock Selection

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