China Life Insurance Company Limited (OTCMKTS:CILJF) Short Interest Update

China Life Insurance Company Limited (OTCMKTS:CILJF) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 379,215 shares, a decline of 87.7% from the June 15th total of 3,071,531 shares. Based on an average daily trading volume, of 15,701 shares, the days-to-cover ratio is presently 24.2 days.

China Life Insurance Trading Down 3.0%

China Life Insurance stock traded down $0.11 during mid-day trading on Friday, hitting $3.57. The company had a trading volume of 6,376 shares, compared to its average volume of 16,003. China Life Insurance has a 12 month low of $2.35 and a 12 month high of $4.67. The stock’s 50 day moving average price is $3.71 and its two-hundred day moving average price is $3.78.

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.