China Literature Limited (OTCMKTS:CHLLF) Short Interest Update

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a significant increase in short interest during the month of July. As of July 30th, there was short interest totalling 1,585,500 shares, an increase of 38.7% from the July 15th total of 1,143,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Shares of China Literature stock opened at $9.00 on Thursday. The business’s fifty day simple moving average is $10.39. China Literature has a 1 year low of $0.30 and a 1 year high of $11.00.

About China Literature

China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. The company's flagship product is QQ Reading, a unified mobile content aggregation and distribution platform. As of December 31, 2019, its library featured 8.1 million writers and 12.2 million works of literature, including 11.5 million original literary works created by writers on its platform, 400 thousand works that are sourced from third-party platforms, and 280 thousand e-books.

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