PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) Stock Short Interest Report for October

PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 31,153 shares, a growth of 97.9% from the October 15th total of 15,741 shares. Based on an average daily trading volume, of 19,107 shares, the short-interest ratio is presently 1.6 days.

PICC Property and Casualty Stock Performance

Shares of PPCCY stock traded down $0.90 on Friday, reaching $53.90. The company had a trading volume of 7,431 shares, compared to its average volume of 4,933. The company has a 50-day moving average of $52.83 and a 200-day moving average of $49.84. PICC Property and Casualty has a 12 month low of $42.79 and a 12 month high of $63.19.

PICC Property and Casualty Company Profile

PICC Property and Casualty Company Limited is a China-based property and casualty insurance provider and a subsidiary of The People’s Insurance Company of China Group. Established in 2003, the company is headquartered in Beijing and is listed on the Hong Kong Stock Exchange. Its American depositary shares trade over the counter in the United States under the symbol PPCCY. The company provides a broad range of insurance products for individuals, businesses and government-related customers. Its offerings include motor vehicle insurance, commercial property insurance, liability insurance, cargo and marine coverage, homeowners insurance, agricultural insurance, accident insurance and short-term health insurance.