New China Life Insurance Company Ltd. (OTCMKTS:NWWCF) Short Interest Update

by · The Markets Daily

New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 9,109,091 shares, a growth of 79.6% from the August 31st total of 5,073,282 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 2,760.3 days.

New China Life Insurance Trading Up 2.0%

OTCMKTS NWWCF traded up $0.11 on Wednesday, hitting $5.69. The company’s stock had a trading volume of 2,533 shares, compared to its average volume of 3,981. New China Life Insurance has a 52-week low of $5.10 and a 52-week high of $8.65. The company’s 50-day simple moving average is $6.21 and its 200 day simple moving average is $6.37.

About New China Life Insurance

(Get Free Report)

New China Life Insurance Co, Ltd. is a China-based insurance company focused primarily on life insurance and related financial protection products. Its offerings include individual and group life insurance, annuity products, health insurance and accident insurance, serving customers through a nationwide distribution and service network.

Founded in 1996 and headquartered in Beijing, the company also provides asset-management and investment services associated with its insurance operations.

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