China Gas Holdings Limited (OTCMKTS:CGHLY) Short Interest Down 75.0% in October

China Gas Holdings Limited (OTCMKTS:CGHLY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, a drop of 75.0% from the September 30th total of 1,200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1.5 days.

China Gas Price Performance

Shares of CGHLY stock remained flat at $21.25 during trading hours on Friday. The stock had a trading volume of 96 shares, compared to its average volume of 624. The business’s fifty day simple moving average is $21.87 and its two-hundred day simple moving average is $22.85. China Gas has a one year low of $19.36 and a one year high of $26.25.

China Gas Increases Dividend

The company also recently declared a dividend, which was paid on Friday, October 18th. Investors of record on Monday, August 26th were issued a dividend of $1.051 per share. This is an increase from China Gas’s previous dividend of $0.43. The ex-dividend date was Monday, August 26th.

About China Gas

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.