China Life Insurance Company Limited (OTCMKTS:CILJF) Shares Shorted: Short Interest Up 475.9% in October

China Life Insurance Company Limited (OTCMKTS:CILJF) saw a large increase in short interest in 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 trading volume, of 22,773 shares, the short-interest ratio is currently 738.7 days.

China Life Insurance Trading Up 9.5%

Shares of OTCMKTS:CILJF opened at $3.25 on Wednesday. The stock has a fifty day simple moving average of $3.54 and a two-hundred day simple moving average of $3.70. China Life Insurance has a 12-month low of $2.80 and a 12-month high of $4.67.

About China Life Insurance

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.