The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) Short Interest Update

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totalling 7,800 shares, a drop of 11.4% from the June 30th total of 8,800 shares. Based on an average daily volume of 68,300 shares, the days-to-cover ratio is currently 0.1 days.

Hong Kong and China Gas Price Performance

HOKCY stock traded up $0.01 during midday trading on Tuesday, hitting $0.79. 501,000 shares of the company’s stock were exchanged, compared to its average volume of 151,022. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.66 and a quick ratio of 0.60. The firm has a 50 day moving average price of $0.73 and a 200-day moving average price of $0.72. Hong Kong and China Gas has a 12-month low of $0.62 and a 12-month high of $0.84.

Hong Kong and China Gas Increases Dividend

The business also recently declared a dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 6th were issued a $0.0235 dividend. The ex-dividend date of this dividend was Wednesday, June 5th. This is a boost from Hong Kong and China Gas’s previous dividend of $0.01.

Hong Kong and China Gas Company Profile

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.