Short Interest in China Overseas Property Holdings Limited (OTCMKTS:CNPPF) Decreases By 13.5%

China Overseas Property Holdings Limited (OTCMKTS:CNPPF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 4,695,000 shares, a decline of 13.5% from the May 31st total of 5,430,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

China Overseas Property Stock Performance

Shares of CNPPF stock remained flat at $0.73 during mid-day trading on Friday. China Overseas Property has a 1-year low of $0.51 and a 1-year high of $1.18. The stock’s 50-day simple moving average is $0.64 and its 200-day simple moving average is $0.70.

About China Overseas Property

China Overseas Property Holdings Limited, an investment holding company, provides property management services in Hong Kong, Macau, and Mainland China. It operates through Property Management Services, Value-Added Services, and Car Parking Space Trading Business segments. The Property Management Services segment offers security, repair and maintenance, cleaning, and garden landscape maintenance services to residential communities, commercial properties, government properties, and construction sites.