China Life Insurance Company Limited (OTCMKTS:CILJF) Short Interest Update

China Life Insurance Company Limited (OTCMKTS:CILJF) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,033,741 shares, a growth of 124.0% from the January 15th total of 461,589 shares. Based on an average daily volume of 39,913 shares, the short-interest ratio is presently 25.9 days. Based on an average daily volume of 39,913 shares, the short-interest ratio is presently 25.9 days.

China Life Insurance Trading Down 5.5%

Shares of CILJF stock opened at $4.18 on Friday. China Life Insurance has a fifty-two week low of $1.58 and a fifty-two week high of $4.67. The business’s 50 day moving average price is $3.98 and its 200-day moving average price is $3.39.

China Life Insurance Company Profile

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.