Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PIAIF) Stock Short Interest Report for October

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PIAIF) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 20,533,224 shares, a drop of 47.5% from the September 30th total of 39,108,176 shares. Based on an average trading volume of 81,991 shares, the days-to-cover ratio is currently 250.4 days.

Ping An Insurance (Group) Company of China Stock Performance

Shares of PIAIF stock remained flat at $5.96 during trading on Monday. The stock has a 50-day moving average of $6.77 and a two-hundred day moving average of $7.60. Ping An Insurance has a 1-year low of $5.95 and a 1-year high of $9.81.

Ping An Insurance (Group) Company of China Company Profile

Ping An Insurance (Group) Company of China, Ltd. is a diversified financial services group headquartered in Shenzhen, China. Founded in 1988, the company began as an insurance provider and has expanded into a broad platform serving consumers, businesses and institutional clients.

Its core operations include life and health insurance, property and casualty insurance, banking, trust services, securities, asset management and annuities. Ping An also provides financial technology and healthcare technology services, including digital platforms that support online financial services, medical consultations, healthcare management and insurance distribution.

Ping An primarily serves customers in mainland China through its insurance, banking and technology businesses, while also maintaining selected international activities and investments.