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China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF – Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 475,928 shares, an increase of 72.4% from the April 15th total of 276,028 shares. Based on an average trading volume of 665 shares, the short-interest ratio is currently 715.7 days.
China Pacific Insurance (Group) Price Performance
Shares of OTCMKTS CHPXF opened at $4.15 on Monday. The business’s 50-day simple moving average is $4.36 and its 200-day simple moving average is $4.56. China Pacific Insurance has a 52 week low of $3.85 and a 52 week high of $5.54.
About China Pacific Insurance (Group)
China Pacific Insurance (Group) Co, Ltd. (OTCMKTS: CHPXF), commonly known as CPIC, is one of China’s leading insurance conglomerates, headquartered in Shanghai. Established in 1991, the group operates through two primary subsidiaries: China Pacific Property Insurance Company and China Pacific Life Insurance Company. Together, these entities provide a comprehensive suite of insurance products designed to meet the risk management and financial protection needs of individuals, families and businesses across mainland China.
In the property and casualty segment, CPIC offers a broad range of coverage including automobile, homeowners, liability and commercial insurance lines.
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