Short Interest in PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) Declines By 79.5%

PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 1,500 shares, a decline of 79.5% from the February 28th total of 7,300 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 0.3 days.

PICC Property and Casualty Price Performance

OTCMKTS PPCCY traded down $0.54 during trading on Friday, reaching $45.55. The company’s stock had a trading volume of 228 shares, compared to its average volume of 1,352. The firm has a fifty day moving average of $42.84 and a 200 day moving average of $39.82. PICC Property and Casualty has a one year low of $28.20 and a one year high of $47.45.

PICC Property and Casualty Company Profile

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.