PICC Property and Casualty Company Limited (OTCMKTS:PPCCY – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 15,741 shares, a growth of 94.6% from the September 30th total of 8,089 shares. Based on an average daily trading volume, of 23,000 shares, the days-to-cover ratio is presently 0.7 days.
PICC Property and Casualty Stock Performance
Shares of PICC Property and Casualty stock opened at $52.32 on Tuesday. PICC Property and Casualty has a one year low of $42.79 and a one year high of $66.76. The firm has a fifty day moving average of $52.53 and a two-hundred day moving average of $49.68.
About PICC Property and Casualty
PICC Property and Casualty Company Limited is a China-based property and casualty insurance provider and a subsidiary of The People’s Insurance Company of China Group. Established in 2003, the company is headquartered in Beijing and is listed on the Hong Kong Stock Exchange. Its American depositary shares trade over the counter in the United States under the symbol PPCCY.
The company provides a broad range of insurance products for individuals, businesses and government-related customers.
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