China Resources Gas Group Limited (OTCMKTS:CRGGF) Sees Significant Growth in Short Interest

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the recipient of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 4,857,200 shares, a growth of 5.5% from the July 31st total of 4,605,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 9,714.4 days.

China Resources Gas Group Price Performance

Shares of CRGGF stock opened at $3.87 on Tuesday. The stock’s 50-day moving average is $3.61 and its 200 day moving average is $3.33. China Resources Gas Group has a 1-year low of $2.54 and a 1-year 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.