Short Interest in PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) Declines By 79.5%

PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a decline of 79.5% from the February 28th total of 7,300 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is presently 0.3 days.

PICC Property and Casualty Trading Down 1.2 %

Shares of PPCCY traded down $0.54 during midday trading on Friday, hitting $45.55. 228 shares of the company traded hands, compared to its average volume of 1,352. PICC Property and Casualty has a one year low of $28.20 and a one year high of $47.45. The stock has a 50-day moving average of $42.84 and a 200-day moving average of $39.82.

About PICC Property and Casualty

PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the People's Republic of China. It operates through Motor Vehicle, Accidental Injury and Health, Agriculture, Liability, Commercial Property, and Others segments. The company offers accidental injury and medical expenses, short-term health, homeowners, special risk, marine hull, construction, household property, cargo, credit and surety, accidental injury, and other insurance products.