China Literature Limited (OTCMKTS:CHLLF) Short Interest Update

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,481,700 shares, an increase of 14.6% from the October 15th total of 3,038,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 8,704.3 days.

China Literature Price Performance

China Literature stock remained flat at $3.67 during mid-day trading on Friday. China Literature has a one year low of $3.47 and a one year high of $3.67. The stock’s fifty day moving average price is $3.44 and its 200 day moving average price is $3.36.

China Literature Company Profile

China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. The company promotes intellectual properties primarily through its online literature platforms, such as QQ Reading and Qidian; and New Classics Media, a film and TV drama series production house.