Short Interest in China Resources Gas Group Limited (OTCMKTS:CRGGF) Drops By 16.1%

China Resources Gas Group Limited (OTCMKTS:CRGGF) was the recipient of a significant decrease in short interest during 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 days-to-cover ratio is currently 40,761.0 days.

China Resources Gas Group Price Performance

Shares of OTCMKTS:CRGGF remained flat at $3.78 during midday trading on Monday. The company has a 50-day moving average of $3.69 and a two-hundred day moving average of $3.38. China Resources Gas Group has a fifty-two week low of $2.54 and a fifty-two week 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.