China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF – Get Rating) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 19,000 shares, an increase of 187.9% from the May 15th total of 6,600 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 1.8 days.

China Pacific Insurance (Group) stock traded up $0.14 during midday trading on Friday, reaching $2.48. The company’s 50-day simple moving average is $2.48 and its two-hundred day simple moving average is $2.74. China Pacific Insurance has a 52 week low of $2.34 and a 52 week high of $3.25.

About China Pacific Insurance (Group) (Get Rating)

China Pacific Insurance (Group) Co, Ltd., together with its subsidiaries, offers insurance products 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, and accident insurance products, etc.; liability insurance; credit and guarantee insurance; short-term health insurance and casualty insurance; property insurance; agricultural insurance; and individual and group pension and annuity products, as well as insurance funds investment and reinsurance services.

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