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

China Life Insurance Company Limited (OTCMKTS:CILJF) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 463,089 shares, a drop of 89.6% from the April 30th total of 4,467,731 shares. Based on an average daily volume of 25,338 shares, the short-interest ratio is presently 18.3 days.

China Life Insurance Trading Down 1.5%

Shares of China Life Insurance stock traded down $0.06 during trading hours on Thursday, reaching $3.70. 923 shares of the stock traded hands, compared to its average volume of 16,311. China Life Insurance has a one year low of $2.01 and a one year high of $4.67. The company has a 50 day moving average price of $3.55 and a 200 day moving average price of $3.75.

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.