New China Life Insurance Company Ltd. (OTCMKTS:NWWCF) Sees Significant Growth in Short Interest

New China Life Insurance Company Ltd. (OTCMKTS:NWWCFGet Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 4,095,600 shares, a growth of 48.5% from the May 15th total of 2,758,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

New China Life Insurance Stock Performance

Shares of New China Life Insurance stock remained flat at $2.00 on Friday. New China Life Insurance has a 52 week low of $1.62 and a 52 week high of $3.04. The stock’s 50-day simple moving average is $1.94 and its 200 day simple moving average is $1.90.

New China Life Insurance Company Profile

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New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in China. The company operates through three segments: Traditional insurance, Participating insurance, and Other Business. It provides life insurance, health insurance, and accident insurance products and services.

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