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

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

China Pacific Insurance (Group) Stock Performance

Shares of OTCMKTS:CHPXF remained flat at $2.38 during trading on Tuesday. The business has a 50-day moving average of $2.38 and a 200-day moving average of $2.38. China Pacific Insurance has a 52 week low of $1.88 and a 52 week high of $2.88.

China Pacific Insurance (Group) Company Profile

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.