The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) Short Interest Down 90.0% in August

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 200 shares, a decrease of 90.0% from the July 31st total of 2,000 shares. Based on an average trading volume of 23,900 shares, the short-interest ratio is presently 0.0 days.

Hong Kong and China Gas Price Performance

HOKCY stock remained flat at $0.75 during mid-day trading on Tuesday. 1,192 shares of the company’s stock were exchanged, compared to its average volume of 135,196. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.66 and a quick ratio of 0.60. Hong Kong and China Gas has a one year low of $0.62 and a one year high of $0.90. The stock has a 50 day simple moving average of $0.75 and a 200-day simple moving average of $0.74.

Hong Kong and China Gas Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Thursday, August 29th will be issued a dividend of $0.0123 per share. The ex-dividend date of this dividend is Thursday, August 29th.

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.