Towngas Smart Energy Company Limited (OTCMKTS:TGASF) Sees Large Decrease in Short Interest

Towngas Smart Energy Company Limited (OTCMKTS:TGASF) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 378,700 shares, a decrease of 52.1% from the March 31st total of 790,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Towngas Smart Energy Price Performance

Shares of OTCMKTS:TGASF remained flat at $0.40 on Friday. The stock has a 50-day moving average price of $0.40 and a two-hundred day moving average price of $0.40. Towngas Smart Energy has a 12-month low of $0.38 and a 12-month high of $0.51.

Towngas Smart Energy Company Profile

Towngas Smart Energy Company Limited, an investment holding company, sells and distributes piped gas in the People's Republic of China. The company operates through three segments, Sales and Distribution of Piped Gas and Related Products; Gas Connection; and Extended Business. It engages in the provision of natural gas and related services; construction of gas pipelines; sale of gas related household appliances; and other value-added services.