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

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 253,800 shares, a decrease of 79.3% from the March 15th total of 1,228,400 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 68.6 days.

China Pacific Insurance (Group) Stock Performance

Shares of China Pacific Insurance (Group) stock remained flat at $3.65 during mid-day trading on Monday. China Pacific Insurance has a 1 year low of $1.88 and a 1 year high of $3.65. The company’s 50 day simple moving average is $2.94 and its 200-day simple moving average is $2.58.

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.