China Life Insurance Company Limited (OTCMKTS:CILJF – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 525,341 shares, a drop of 49.2% from the January 29th total of 1,033,741 shares. Based on an average trading volume of 15,250 shares, the short-interest ratio is presently 34.4 days. Based on an average trading volume of 15,250 shares, the short-interest ratio is presently 34.4 days.
China Life Insurance Stock Performance
China Life Insurance stock traded down $0.01 during mid-day trading on Friday, hitting $4.08. The company’s stock had a trading volume of 8,133 shares, compared to its average volume of 15,155. China Life Insurance has a one year low of $1.58 and a one year high of $4.67. The company has a 50 day moving average of $4.10 and a 200-day moving average of $3.49.
About China Life Insurance
China Life Insurance Company Limited (OTCMKTS: CILJF) is one of the largest life insurance providers in the People’s Republic of China. The company’s core offerings include individual and group life insurance policies, annuity products, health insurance, and accident coverage. In addition to traditional life insurance contracts, China Life has expanded its product suite to incorporate retirement-planning solutions and wealth management products tailored to both high-net-worth and mass-market customers.
Founded on the foundation of the state-owned Central Insurance Company in 1949 and later reorganized as a joint-stock company in 2003, China Life operates an extensive distribution network that spans mainland China, with additional service points in Hong Kong.
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