China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,599,200 shares, a decline of 21.8% from the September 30th total of 3,323,600 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 666.5 days.

China Pacific Insurance (Group) Price Performance

Shares of China Pacific Insurance (Group) stock remained flat at $2.38 on Tuesday. China Pacific Insurance has a 1-year low of $1.88 and a 1-year high of $2.88. The business’s 50-day simple moving average is $2.38 and its 200-day simple moving average is $2.38.

China Pacific Insurance (Group) Company Profile

(Get Free Report)

China Pacific Insurance (Group) Co, Ltd., together with its subsidiaries, provides insurance products to individual and institutional customers in the People's Republic of China. It operates through Life and Health Insurance, Property and Casualty Insurance, and Other Businesses segments. The company offers life, health, automobile, liability, agricultural, property, accident, and engineering insurance products; pension and annuity insurance products; investments with insurance funds, etc.; and reinsurance products.

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