The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 900 shares, an increase of 200.0% from the March 15th total of 300 shares. Based on an average trading volume of 44,900 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.
Hong Kong and China Gas Price Performance
Shares of HOKCY traded up $0.02 during mid-day trading on Friday, hitting $0.86. 1,852 shares of the company's stock were exchanged, compared to its average volume of 37,548. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.52 and a current ratio of 0.59. Hong Kong and China Gas has a twelve month low of $0.65 and a twelve month high of $0.90. The firm has a fifty day moving average of $0.77 and a two-hundred day moving average of $0.74.
Hedge Funds Weigh In On Hong Kong and China Gas
An institutional investor recently raised its position in Hong Kong and China Gas stock. Rhumbline Advisers lifted its stake in The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Free Report) by 26.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 131,441 shares of the company's stock after acquiring an additional 27,860 shares during the period. Rhumbline Advisers' holdings in Hong Kong and China Gas were worth $107,000 at the end of the most recent reporting period.
About Hong Kong and China Gas
(
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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.
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