China Resources Gas Group Limited (OTCMKTS:CRGGF) Sees Large Drop in Short Interest

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 3,499,900 shares, a decrease of 45.9% from the January 31st total of 6,467,300 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 3,181.7 days.

China Resources Gas Group Stock Performance

CRGGF opened at $3.04 on Monday. The firm’s 50 day simple moving average is $3.80 and its two-hundred day simple moving average is $3.87. China Resources Gas Group has a 1-year low of $2.75 and a 1-year high of $4.60.

About China Resources Gas Group

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.