PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) Sees Large Growth in Short Interest

PICC Property and Casualty Company Limited (OTCMKTS:PPCCY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,200 shares, a growth of 46.7% from the March 15th total of 1,500 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is presently 1.8 days.

PICC Property and Casualty Stock Performance

OTCMKTS PPCCY opened at $43.85 on Friday. The stock’s 50 day simple moving average is $44.15 and its 200 day simple moving average is $41.07. PICC Property and Casualty has a one year low of $28.20 and a one year high of $49.00.

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.