PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) Short Interest Up 33.3% in April

PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 6,800 shares, an increase of 33.3% from the March 31st total of 5,100 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 2.8 days.

PICC Property and Casualty Stock Performance

PPCCY stock opened at $32.47 on Tuesday. PICC Property and Casualty has a 12-month low of $25.85 and a 12-month high of $35.60. The business’s 50-day moving average is $33.23 and its 200 day moving average is $31.04.

About PICC Property and Casualty

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.