New China Life Insurance Company Ltd. (OTCMKTS:NWWCF) Short Interest Down 49.6% in June

New China Life Insurance Company Ltd. (OTCMKTS:NWWCF) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 1,981,282 shares, a decline of 49.6% from the June 15th total of 3,930,807 shares. Based on an average trading volume of 1,517 shares, the days-to-cover ratio is currently 1,306.1 days.

New China Life Insurance Stock Performance

Shares of NWWCF traded up $0.95 on Wednesday, reaching $6.05. The stock had a trading volume of 4,707 shares, compared to its average volume of 3,283. New China Life Insurance has a twelve month low of $5.10 and a twelve month high of $8.65. The firm has a 50-day moving average of $6.47 and a 200 day moving average of $6.96.

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.