China Resources Gas Group Limited (OTCMKTS:CRGGF) Sees Large Growth in Short Interest

China Resources Gas Group Limited (OTCMKTS:CRGGFGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 683,300 shares, a growth of 103.0% from the April 15th total of 336,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Resources Gas Group Price Performance

OTCMKTS CRGGF remained flat at $2.83 during trading on Friday. The stock’s fifty day moving average is $2.83 and its two-hundred day moving average is $2.78. 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

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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).

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