Short Interest in The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) Declines By 78.6%

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 300 shares, a drop of 78.6% from the February 28th total of 1,400 shares. Based on an average daily volume of 26,700 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hong Kong and China Gas Trading Down 2.7 %

Shares of OTCMKTS:HOKCY traded down $0.02 during midday trading on Wednesday, reaching $0.79. 31,891 shares of the company’s stock traded hands, compared to its average volume of 13,585. The company has a current ratio of 0.59, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56. Hong Kong and China Gas has a one year low of $0.65 and a one year high of $0.90. The stock has a 50 day moving average of $0.73 and a 200 day moving average of $0.74.

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.