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 decline in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decline of 78.6% from the February 28th total of 1,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 26,700 shares, the short-interest ratio is presently 0.0 days.

Hong Kong and China Gas Trading Down 2.7 %

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

About Hong Kong and China Gas

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.