China Overseas Property Holdings Limited (OTCMKTS:CNPPF) Short Interest Update

China Overseas Property Holdings Limited (OTCMKTS:CNPPF) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 930,000 shares, a decrease of 22.8% from the August 15th total of 1,205,000 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is currently 620.0 days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded China Overseas Property from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd.

China Overseas Property Price Performance

CNPPF remained flat at $1.14 during trading hours on Monday. China Overseas Property has a 12 month low of $0.68 and a 12 month high of $1.36. The business’s 50 day simple moving average is $1.05 and its two-hundred day simple moving average is $1.11.

China Overseas Property Company Profile

China Overseas Property Holdings Limited, an investment holding company, provides property management services in Hong Kong, Macau, and the People's Republic of 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.