Short Interest in China Life Insurance Company Limited (OTCMKTS:CILJF) Grows By 905.0%

China Life Insurance Company Limited (OTCMKTS:CILJF) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,467,731 shares, a growth of 905.0% from the April 15th total of 444,563 shares. Based on an average daily trading volume, of 15,138 shares, the days-to-cover ratio is currently 295.1 days.

China Life Insurance Stock Up 8.5%

Shares of CILJF opened at $3.81 on Thursday. The stock’s fifty day simple moving average is $3.53 and its 200 day simple moving average is $3.70. China Life Insurance has a twelve month low of $2.01 and a twelve month high of $4.67.

About China Life Insurance

China Life Insurance Company Limited (OTCMKTS: CILJF) is one of the largest life insurance providers in the People’s Republic of China. The company’s core offerings include individual and group life insurance policies, annuity products, health insurance, and accident coverage. In addition to traditional life insurance contracts, China Life has expanded its product suite to incorporate retirement-planning solutions and wealth management products tailored to both high-net-worth and mass-market customers.

Founded on the foundation of the state-owned Central Insurance Company in 1949 and later reorganized as a joint-stock company in 2003, China Life operates an extensive distribution network that spans mainland China, with additional service points in Hong Kong.