Short Interest in China Resources Gas Group Limited (OTCMKTS:CRGGF) Decreases By 15.6%

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 3,438,400 shares, a decline of 15.6% from the August 31st total of 4,076,100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 11,461.3 days.

China Resources Gas Group Price Performance

Shares of OTCMKTS CRGGF remained flat at $3.61 during midday trading on Monday. The company’s 50-day moving average is $3.73 and its 200-day moving average is $3.46. China Resources Gas Group has a 12 month low of $2.64 and a 12 month high of $4.19.

China Resources Gas Group Company Profile

China Resources Gas Group Limited, an investment holding company, engages in the sale of natural and liquefied gas, and connection of gas pipelines. The company operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Comprehensive Services, Design and Construction Services, and Gas Stations segments.