China Life Insurance Company Limited (OTCMKTS:CILJF – Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 463,089 shares, a decrease of 89.6% from the April 30th total of 4,467,731 shares. Based on an average trading volume of 25,338 shares, the short-interest ratio is currently 18.3 days.
China Life Insurance Trading Down 1.5%
Shares of CILJF stock traded down $0.06 on Thursday, reaching $3.70. The company’s stock had a trading volume of 923 shares, compared to its average volume of 16,311. The stock’s fifty day simple moving average is $3.55 and its 200-day simple moving average is $3.75. China Life Insurance has a 1 year low of $2.01 and a 1 year high of $4.67.
About China Life Insurance
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.
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