New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 9,109,091 shares, an increase 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 Price Performance
Shares of OTCMKTS:NWWCF traded down $0.55 during trading on Tuesday, hitting $5.57. 414 shares of the stock traded hands, compared to its average volume of 4,001. The company has a fifty day moving average price of $6.23 and a two-hundred day moving average price of $6.38. New China Life Insurance has a 52-week low of $5.10 and a 52-week high of $8.65.
About New China Life Insurance
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.
Featured Stories
- Five stocks we like better than New China Life Insurance
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
Receive News & Ratings for New China Life Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New China Life Insurance and related companies with MarketBeat.com's FREE daily email newsletter.
