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

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 daily volume of 3,900 shares, the days-to-cover ratio is presently 666.5 days.

China Pacific Insurance (Group) Stock Down 6.2 %

Shares of CHPXF opened at $2.38 on Monday. China Pacific Insurance has a 1 year low of $1.88 and a 1 year high of $2.88. The business’s 50 day simple moving average is $2.38 and its 200-day simple moving average is $2.38.

About China Pacific Insurance (Group)

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.