PICC Property and Casualty Company Limited (OTCMKTS:PPCCY – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 5,778 shares, an increase of 85.4% from the August 31st total of 3,117 shares. Based on an average daily trading volume, of 6,377 shares, the days-to-cover ratio is currently 0.9 days.
PICC Property and Casualty Stock Up 0.8%
OTCMKTS:PPCCY opened at $55.69 on Thursday. PICC Property and Casualty has a 52-week low of $42.79 and a 52-week high of $66.76. The stock has a fifty day simple moving average of $52.39 and a 200-day simple moving average of $48.90.
About PICC Property and Casualty
PICC Property and Casualty Company Limited is a China-based property and casualty insurer and a subsidiary of The People’s Insurance Company of China Limited. The company provides insurance protection to individuals, businesses, government entities and other organizations across mainland China.
Its products and services include automobile insurance, commercial and residential property insurance, liability insurance, accident and short-term health insurance, agricultural insurance, cargo and transportation insurance, and other specialty coverage.
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