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

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,189,100 shares, a growth of 49.4% from the October 15th total of 2,135,200 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 1,993.2 days.

China Resources Gas Group Stock Performance

Shares of OTCMKTS CRGGF remained flat at $4.04 during trading on Thursday. The company’s 50-day simple moving average is $3.92 and its 200 day simple moving average is $3.66. 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.