Short Interest in Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) Declines By 54.6%

Ping An Insurance (Group) Company of China, Ltd. (OTCMKTS:PNGAY) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 111,600 shares, a decrease of 54.6% from the January 31st total of 246,000 shares. Based on an average daily trading volume, of 532,900 shares, the days-to-cover ratio is currently 0.2 days.

Ping An Insurance (Group) Company of China Trading Down 3.0 %

Shares of PNGAY stock traded down $0.37 on Friday, reaching $11.88. 204,550 shares of the company’s stock were exchanged, compared to its average volume of 247,086. The company’s fifty day simple moving average is $11.43 and its 200 day simple moving average is $11.34. Ping An Insurance has a 52 week low of $7.60 and a 52 week high of $15.80. The stock has a market capitalization of $108.17 billion, a PE ratio of 6.56 and a beta of 0.40.

About Ping An Insurance (Group) Company of China

Ping An Insurance (Group) Company of China, Ltd. provides financial products and services for insurance, banking, asset management, and technology businesses in the People's Republic of China. The company operates through Life and Health Insurance; Property and Casualty Insurance; Banking; Asset Management; and Technology segments.