China Overseas Property Holdings Limited (OTCMKTS:CNPPF) Sees Large Drop in Short Interest

China Overseas Property Holdings Limited (OTCMKTS:CNPPF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,068,200 shares, a drop of 27.8% from the November 30th total of 2,863,200 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 2,068.2 days.

China Overseas Property Stock Performance

Shares of OTCMKTS:CNPPF remained flat at $0.66 during trading on Monday. The business has a 50-day simple moving average of $0.79 and a 200-day simple moving average of $0.71. China Overseas Property has a one year low of $0.51 and a one year high of $0.91.

China Overseas Property Company Profile

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.