China Literature Limited (OTCMKTS:CHLLF) Sees Significant Increase in Short Interest

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,189,500 shares, an increase of 7.5% from the November 30th total of 2,966,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 31,895.0 days.

China Literature Stock Performance

Shares of OTCMKTS:CHLLF opened at $3.53 on Wednesday. The business has a fifty day moving average price of $3.60 and a 200-day moving average price of $3.43. China Literature has a 1-year low of $3.47 and a 1-year high of $3.67.

About China Literature

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.