PACIFIC INSURAN/Shs H Vtg 1.00 (OTCMKTS:CHPXF) Short Interest Up 929.0% in September
PACIFIC INSURAN/Shs H Vtg 1.00 (OTCMKTS:CHPXF) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 142,000 shares, a growth of 929.0% from the August 31st total of 13,800 shares. Based on an average daily volume of 22,400 shares, the short-interest ratio is presently 6.3 days.
Separately, Goldman Sachs Group raised shares of PACIFIC INSURAN/Shs H Vtg 1.00 from a “neutral” rating to a “buy” rating in a report on Thursday, July 23rd.
Shares of OTCMKTS:CHPXF opened at $2.98 on Monday. The firm has a 50 day moving average of $2.74 and a 200-day moving average of $2.81. PACIFIC INSURAN/Shs H Vtg 1.00 has a 12 month low of $2.40 and a 12 month high of $3.90.
China Pacific Insurance (Group) Co, Ltd., together with its subsidiaries, provides property and casualty, and life insurance; asset management; and pension and annuity products in the People's Republic of China. The company operates through Life Insurance, Property and Casualty Insurance, and Other Businesses segments.
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