Short Interest in China Resources Gas Group Limited (OTCMKTS:CRGGF) Rises By 45.0%

China Resources Gas Group Limited (OTCMKTS:CRGGF) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 4,420,100 shares, an increase of 45.0% from the November 30th total of 3,049,200 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 11,050.3 days.

China Resources Gas Group Stock Performance

Shares of CRGGF remained flat at $4.31 during mid-day trading on Monday. The stock has a 50-day simple moving average of $3.97 and a two-hundred day simple moving average of $3.80. China Resources Gas Group has a one year low of $2.75 and a one year high of $4.60.

About China Resources Gas Group

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.