China Overseas Property Holdings Limited (OTCMKTS:CNPPF) Sees Large Drop in Short Interest

China Overseas Property Holdings Limited (OTCMKTS:CNPPF) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 1,525,000 shares, a drop of 14.2% from the January 15th total of 1,778,200 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 7,625.0 days.

China Overseas Property Stock Performance

OTCMKTS CNPPF opened at $0.63 on Tuesday. The business’s 50-day moving average price is $0.66 and its two-hundred day moving average price is $0.70. China Overseas Property has a 12 month low of $0.51 and a 12 month high of $0.91.

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.