Short Interest in China Literature Limited (OTCMKTS:CHLLF) Rises By 11.8%

China Literature Limited (OTCMKTS:CHLLF) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 3,657,900 shares, an increase of 11.8% from the June 15th total of 3,271,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Literature Stock Performance

Shares of OTCMKTS:CHLLF remained flat at $3.34 during midday trading on Wednesday. China Literature has a twelve month low of $3.25 and a twelve month high of $3.35. The firm has a 50-day simple moving average of $3.32 and a 200-day simple moving average of $3.29.

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.