China Life Insurance Company Limited (OTCMKTS:CILJF) Sees Large Growth in Short Interest

China Life Insurance Company Limited (OTCMKTS:CILJF) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 16,822,914 shares, an increase of 475.9% from the September 30th total of 2,920,984 shares. Based on an average daily volume of 22,773 shares, the days-to-cover ratio is presently 738.7 days.

China Life Insurance Price Performance

Shares of OTCMKTS:CILJF opened at $2.97 on Tuesday. The business has a 50-day moving average price of $3.54 and a 200 day moving average price of $3.71. China Life Insurance has a 12-month low of $2.80 and a 12-month high of $4.67.

China Life Insurance Company Profile

China Life Insurance Co, Ltd. is a China-based insurance and financial services company that provides protection, savings and retirement products to individuals, businesses and institutional customers. Its principal business is life insurance, supported by a broad portfolio of personal and group insurance offerings.

The company’s products and services include individual and group life insurance, health insurance, accident coverage, annuities and pension-related solutions. Through its insurance and financial services operations, China Life also provides asset management and investment services, helping customers address long-term protection, savings and retirement needs.

China Life primarily serves customers in mainland China through a nationwide distribution and service network.