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 June. As of June 15th, there was short interest totalling 3,271,300 shares, an increase of 11.3% from the May 31st total of 2,937,900 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 641.4 days.

China Literature Stock Performance

OTCMKTS CHLLF remained flat at $3.35 during mid-day trading on Monday. China Literature has a one year low of $3.25 and a one year high of $3.35. The firm’s 50 day simple moving average is $3.30 and its 200-day simple moving average is $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.