New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the recipient of a large decline in short interest in the month of 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 daily volume of 1,517 shares, the short-interest ratio is currently 1,306.1 days.
New China Life Insurance Price Performance
Shares of OTCMKTS:NWWCF traded down $0.46 during trading hours on Thursday, hitting $6.05. The stock had a trading volume of 6,019 shares, compared to its average volume of 3,302. The stock’s fifty day simple moving average is $6.45 and its 200 day simple moving average is $6.95. New China Life Insurance has a 1-year low of $5.10 and a 1-year high of $8.65.
New China Life Insurance Company Profile
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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