New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 9,109,091 shares, a growth of 79.6% from the August 31st total of 5,073,282 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 2,760.3 days.
New China Life Insurance Price Performance
New China Life Insurance stock traded up $0.22 during midday trading on Thursday, hitting $5.52. The company’s stock had a trading volume of 690 shares, compared to its average volume of 3,976. New China Life Insurance has a 1-year low of $5.10 and a 1-year high of $8.65. The company has a 50-day moving average price of $6.18 and a two-hundred day moving average price of $6.36.
About New China Life Insurance
New China Life Insurance Co, Ltd. is a China-based insurance company focused primarily on life insurance and related financial protection products. Its offerings include individual and group life insurance, annuity products, health insurance and accident insurance, serving customers through a nationwide distribution and service network.
Founded in 1996 and headquartered in Beijing, the company also provides asset-management and investment services associated with its insurance operations.
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