China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) Sees Large Growth in Short Interest

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 475,928 shares, a growth of 72.4% from the April 15th total of 276,028 shares. Based on an average daily trading volume, of 665 shares, the days-to-cover ratio is currently 715.7 days.

China Pacific Insurance (Group) Price Performance

CHPXF opened at $4.15 on Monday. The stock’s 50 day moving average price is $4.36 and its two-hundred day moving average price is $4.56. China Pacific Insurance has a 12-month low of $3.85 and a 12-month 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.