China Literature Limited (OTCMKTS:CHLLF) Short Interest Up 5.6% in April

China Literature Limited (OTCMKTS:CHLLF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,311,300 shares, a growth of 5.6% from the March 31st total of 2,188,500 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 2,311.3 days.

China Literature Stock Performance

Shares of CHLLF stock opened at $3.25 on Friday. China Literature has a fifty-two week low of $3.25 and a fifty-two week high of $3.25. The stock has a 50 day simple moving average of $3.26 and a two-hundred day simple moving average of $3.29.

About China Literature

China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. The company promotes intellectual properties primarily through its online literature platforms, such as QQ Reading and Qidian; and New Classics Media, a film and TV drama series production house.