New China Life Insurance Company Ltd. (OTCMKTS:NWWCF) Short Interest Update
by Renee Jackson · The Cerbat GemNew China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,140,675 shares, an increase of 196.5% from the April 30th total of 1,059,236 shares. Based on an average trading volume of 6,993 shares, the short-interest ratio is presently 449.1 days.
New China Life Insurance Stock Up 2.4%
Shares of OTCMKTS NWWCF traded up $0.15 during trading on Friday, hitting $6.56. 1,063 shares of the company were exchanged, compared to its average volume of 3,377. New China Life Insurance has a 12-month low of $5.34 and a 12-month high of $8.65. The company has a fifty day moving average price of $6.52 and a 200-day moving average price of $6.93.
About New China Life Insurance
New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.
The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.