China Gas Holdings Limited (OTCMKTS:CGHLY) Short Interest Up 200.0% in January

China Gas Holdings Limited (OTCMKTS:CGHLY) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 300 shares, an increase of 200.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 0.4 days.

China Gas Stock Performance

Shares of OTCMKTS CGHLY traded up $0.32 during midday trading on Wednesday, hitting $20.41. 104 shares of the company’s stock were exchanged, compared to its average volume of 579. The stock’s 50 day moving average price is $21.18 and its 200-day moving average price is $21.62. China Gas has a twelve month low of $18.37 and a twelve month high of $26.25.

China Gas Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Tuesday, January 7th will be given a dividend of $0.4823 per share. The ex-dividend date of this dividend is Tuesday, January 7th.

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.