Short Interest in Towngas Smart Energy Company Limited (OTCMKTS:TGASF) Declines By 52.1%

Towngas Smart Energy Company Limited (OTCMKTS:TGASF) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 378,700 shares, a decline of 52.1% from the March 31st total of 790,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Towngas Smart Energy Price Performance

OTCMKTS TGASF remained flat at $0.40 during trading hours on Friday. The company’s 50 day moving average is $0.40 and its two-hundred day moving average is $0.40. Towngas Smart Energy has a 12 month low of $0.38 and a 12 month high of $0.51.

About Towngas Smart Energy

Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the People's Republic of China. The company operates through three segments, Sales and Distribution of Piped Gas and Related Products; Gas Connection; and Extended Business. It engages in the provision of natural gas and related services; construction of gas pipelines; sale of gas related household appliances; and other value-added services.