PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) Sees Significant Increase in Short Interest

PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,100 shares, a growth of 83.3% from the August 31st total of 600 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 0.6 days.

PICC Property and Casualty Stock Performance

OTCMKTS PPCCY opened at $58.38 on Tuesday. The stock’s 50 day simple moving average is $56.86 and its 200 day simple moving average is $50.78. PICC Property and Casualty has a one year low of $35.39 and a one year high of $60.98.

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.