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

China Resources Gas Group Limited (OTCMKTS:CRGGFGet Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 4,076,100 shares, a decrease of 16.1% from the August 15th total of 4,857,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 40,761.0 days.

China Resources Gas Group Price Performance

Shares of China Resources Gas Group stock remained flat at $4.02 during trading on Wednesday. The company’s 50-day moving average is $3.71 and its 200-day moving average is $3.40. China Resources Gas Group has a 52-week low of $2.64 and a 52-week high of $4.19.

About China Resources Gas Group

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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.

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