Short Interest Worth Watching: Cninsure Ads (NASDAQ:CISG) Can’t Be More Risky. Short Interest Increased

November 29, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Worth Watching: Cninsure Ads (NASDAQ:CISG) Can't Be More Risky. Short Interest Increased

The stock of Cninsure Ads (NASDAQ:CISG) registered an increase of 12.61% in short interest. CISG’s total short interest was 333,100 shares in November as published by FINRA. Its up 12.61% from 295,800 shares, reported previously. With 87,300 shares average volume, it will take short sellers 4 days to cover their CISG’s short positions. The short interest to Cninsure Ads’s float is 0.96%. About 171,818 shares traded hands or 25.42% up from the average. CNinsure Inc. (ADR) (NASDAQ:CISG) has risen 21.94% since April 26, 2016 and is uptrending. It has outperformed by 16.68% the S&P500.

CNinsure Inc. is an independent online-to-offline financial services well-known provider in China. The company has a market cap of $559.85 million. The Firm distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services. It has a 28.39 P/E ratio. The Firm operates through three divisions: insurance agency, insurance brokerage and claims adjusting.

CISG Company Profile

CNinsure Inc. (CNinsure), incorporated in April 1, 2007, is an independent online-to-offline financial services well-known provider in China. The Company, through its online platforms, offline sales and service network, distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services, such as damage assessments, surveys, authentications and loss estimations. The Firm operates through three divisions: insurance agency, insurance brokerage and claims adjusting. The insurance agency segment provides a range of property, casualty and life insurance products to individual customers. The insurance brokerage segment provides commercial lines of property and casualty insurance, group life insurance programs and risk management consulting services to businesses and reinsurance brokerage services to insurance companies. The claims adjusting segment provides claims adjusting services to self-insured entities or insurance companies that choose to outsource some or all of their claims adjustment functions.

More notable recent CNinsure Inc. (ADR) (NASDAQ:CISG) news were published by: Benzinga.com which released: “Earnings Scheduled For November 21, 2016” on November 21, 2016, also Investorplace.com with their article: “5 Insurance Stocks to Buy Now” published on May 25, 2016, Seekingalpha.com published: “Assessing Chinese ADR Financial Statements” on February 29, 2012. More interesting news about CNinsure Inc. (ADR) (NASDAQ:CISG) were released by: Zacks.com and their article: “Aon to Acquire National Flood Services, Boost Flood Insurance Biz” published on June 16, 2014 as well as Nasdaq.com‘s news article titled: “ADRs Pressured in US Trading as S&P 500 Declines for Third Day” with publication date: March 11, 2014.

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By Clifton Ray


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