Short Interest in China Life Insurance Company Limited (OTCMKTS:CILJF) Grows By 24.4%

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

China Life Insurance Stock Down 1.0%

Shares of CILJF opened at $4.33 on Wednesday. The firm’s 50 day moving average price is $3.83 and its 200 day moving average price is $3.31. China Life Insurance has a twelve month low of $1.58 and a twelve month high of $4.67.

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.