Short Interest in China Overseas Property Holdings Limited (OTCMKTS:CNPPF) Decreases By 6.4%

China Overseas Property Holdings Limited (OTCMKTS:CNPPF) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 5,430,000 shares, a drop of 6.4% from the May 15th total of 5,800,000 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 5,430.0 days.

China Overseas Property Price Performance

Shares of CNPPF stock remained flat at $0.73 during trading hours on Tuesday. China Overseas Property has a 52 week low of $0.51 and a 52 week high of $1.18. The firm has a fifty day moving average price of $0.61 and a two-hundred day moving average price of $0.70.

About China Overseas Property

China Overseas Property Holdings Limited, an investment holding company, provides property management services in Hong Kong, Macau, and Mainland China. It operates through Property Management Services, Value-Added Services, and Car Parking Space Trading Business segments. The Property Management Services segment offers security, repair and maintenance, cleaning, and garden landscape maintenance services to residential communities, commercial properties, government properties, and construction sites.