China Gas Holdings Limited (OTCMKTS:CGHLY) Sees Large Increase in Short Interest

China Gas Holdings Limited (OTCMKTS:CGHLY) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,200 shares, an increase of 71.4% from the September 15th total of 700 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 1.7 days.

China Gas Price Performance

China Gas stock remained flat at $22.81 during mid-day trading on Monday. The business has a fifty day moving average of $22.17 and a two-hundred day moving average of $22.94. China Gas has a twelve month low of $19.36 and a twelve month high of $26.25.

China Gas Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 18th. Investors of record on Monday, August 26th will be given a dividend of $1.051 per share. This is a positive change from China Gas’s previous dividend of $0.43. The ex-dividend date is Monday, August 26th.

China Gas Company Profile

China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipelines, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG.