China Overseas Property Holdings Limited (OTCMKTS:CNPPF – Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,067,105 shares, a drop of 60.1% from the April 30th total of 2,672,105 shares. Based on an average trading volume of 606 shares, the days-to-cover ratio is presently 1,760.9 days.
China Overseas Property Price Performance
Shares of OTCMKTS:CNPPF opened at $0.48 on Tuesday. The firm’s 50 day simple moving average is $0.55 and its 200-day simple moving average is $0.58. China Overseas Property has a one year low of $0.48 and a one year high of $0.69.
China Overseas Property Company Profile
China Overseas Property Services Co, Ltd. is a leading integrated property services provider in Mainland China. As a subsidiary of China State Construction Engineering Corporation, the company delivers a comprehensive suite of property management and value-added services to residential, commercial and public sector clients. Its core offerings include community property management, commercial property management, corporate value-added services and environmental facility management.
In the residential sector, China Overseas Property focuses on daily community services such as security, cleaning, repair and maintenance, and customer support platforms.
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