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

China Life Insurance Company Limited (OTCMKTS:CILJF) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 461,589 shares, a growth of 24.4% from the December 31st total of 371,039 shares. Based on an average trading volume of 41,585 shares, the days-to-cover ratio is presently 11.1 days. Based on an average trading volume of 41,585 shares, the days-to-cover ratio is presently 11.1 days.

China Life Insurance Stock Down 0.2%

Shares of OTCMKTS:CILJF traded down $0.01 during midday trading on Monday, reaching $4.37. The company’s stock had a trading volume of 4,588 shares, compared to its average volume of 19,562. China Life Insurance has a fifty-two week low of $1.58 and a fifty-two week high of $4.67. The firm has a 50 day moving average price of $3.80 and a two-hundred day moving average price of $3.28.

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.