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

New China Life Insurance Company Ltd. (OTCMKTS:NWWCFGet 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 trading volume, of 1,517 shares, the short-interest ratio is currently 1,306.1 days.

New China Life Insurance Price Performance

Shares of New China Life Insurance stock traded down $0.47 on Friday, reaching $5.88. The company had a trading volume of 543 shares, compared to its average volume of 4,295. The firm’s 50 day moving average price is $6.44 and its two-hundred day moving average price is $6.94. New China Life Insurance has a 52-week low of $5.10 and a 52-week high of $8.65.

New China Life Insurance Company Profile

(Get Free Report)

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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