Short Interest in China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) Drops By 31.8%

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,228,400 shares, a drop of 31.8% from the February 28th total of 1,800,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

China Pacific Insurance (Group) Stock Performance

CHPXF stock remained flat at $3.65 during mid-day trading on Monday. The company’s stock had a trading volume of 20,000 shares, compared to its average volume of 540. The business has a 50 day moving average price of $2.64 and a 200-day moving average price of $2.47. China Pacific Insurance has a 12 month low of $1.88 and a 12 month high of $3.65.

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.