Short Interest in China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) Drops By 21.8%

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) was the target of 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 short-interest ratio is currently 666.5 days.

China Pacific Insurance (Group) Stock Performance

Shares of China Pacific Insurance (Group) stock remained flat at $2.38 during trading on Wednesday. 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 1-year low of $1.88 and a 1-year 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.