Short Interest in China Gas Holdings Limited (OTCMKTS:CGHLY) Drops By 33.3%

China Gas Holdings Limited (OTCMKTS:CGHLY) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 33.3% from the January 31st total of 300 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.3 days.

China Gas Price Performance

Shares of OTCMKTS:CGHLY remained flat at $21.49 during midday trading on Tuesday. China Gas has a 1 year low of $18.37 and a 1 year high of $26.25. The stock has a 50 day moving average price of $21.33 and a 200 day moving average price of $21.47.

China Gas Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Tuesday, January 7th will be given a dividend of $0.4823 per share. The ex-dividend date of this dividend is Tuesday, January 7th.

China Gas Company Profile

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.