New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,756,953 shares, a growth of 1,306.4% from the July 15th total of 409,336 shares. Based on an average trading volume of 25,257 shares, the days-to-cover ratio is presently 227.9 days.
New China Life Insurance Stock Performance
Shares of NWWCF opened at $6.25 on Wednesday. New China Life Insurance has a fifty-two week low of $5.10 and a fifty-two week high of $8.65. The firm has a 50 day moving average price of $6.33 and a 200-day moving average price of $6.75.
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.
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