Short Interest in China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) Declines By 31.8%

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,228,400 shares, a decline of 31.8% from the February 28th total of 1,800,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

China Pacific Insurance (Group) Stock Performance

Shares of China Pacific Insurance (Group) stock remained flat at $3.65 during trading on Friday. 20,000 shares of the stock traded hands, compared to its average volume of 540. China Pacific Insurance has a 52-week low of $1.88 and a 52-week high of $3.65. The company’s 50 day moving average price is $2.64 and its 200-day moving average price is $2.47.

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.