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

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a large increase in short interest in 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 daily volume of 100 shares, the short-interest ratio is currently 31,895.0 days.

China Literature Price Performance

Shares of OTCMKTS CHLLF remained flat at $3.53 during midday trading on Tuesday. The firm has a fifty day moving average of $3.60 and a 200 day moving average of $3.43. China Literature has a 1-year low of $3.47 and a 1-year high of $3.67.

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.