China Gas Holdings Limited (OTCMKTS:CGHLY) Short Interest Update

China Gas Holdings Limited (OTCMKTS:CGHLY) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 300 shares, a decline of 75.0% from the September 30th total of 1,200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 1.5 days.

China Gas Price Performance

Shares of CGHLY remained flat at $21.25 during mid-day trading on Friday. 96 shares of the stock traded hands, compared to its average volume of 624. The stock has a 50 day moving average of $21.87 and a 200-day moving average of $22.85. China Gas has a one year low of $19.36 and a one year high of $26.25.

China Gas Increases Dividend

The business also recently announced a dividend, which was paid on Friday, October 18th. Investors of record on Monday, August 26th were issued a dividend of $1.051 per share. This is an increase from China Gas’s previous dividend of $0.43. The ex-dividend date of this dividend was Monday, August 26th.

About China Gas

China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipelines, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG.