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

New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 438,200 shares, a growth of 20.9% from the June 15th total of 362,400 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 1,460.7 days.

New China Life Insurance Stock Performance

NWWCF opened at $2.42 on Wednesday. The company’s 50-day simple moving average is $2.72 and its two-hundred day simple moving average is $2.56. New China Life Insurance has a 52-week low of $2.26 and a 52-week high of $3.18.

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About New China Life Insurance

(Get Free Report)

New China Life Insurance Company Ltd. provides life insurance products and services to individuals and institutions in China. The company operates through three segments: Individual Insurance Business, Group Insurance Business, and Other Business. The company also offers asset management, training, electronic commerce, and medical services; and invests in, develops, leases, and manages real estate properties.

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