China Literature Limited (OTCMKTS:CHLLF) Sees Large Decrease in Short Interest

China Literature Limited (OTCMKTS:CHLLF) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 3,038,500 shares, a decline of 22.1% from the September 30th total of 3,898,900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

China Literature Price Performance

OTCMKTS CHLLF opened at $3.47 on Monday. China Literature has a one year low of $3.47 and a one year high of $3.47. The company has a 50-day simple moving average of $3.34 and a 200-day simple moving average of $3.32.

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.