China Literature Limited (OTCMKTS:CHLLF) Short Interest Update

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,481,700 shares, an increase of 14.6% from the October 15th total of 3,038,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 8,704.3 days.

China Literature Price Performance

Shares of OTCMKTS:CHLLF remained flat at $3.67 on Friday. China Literature has a 12-month low of $3.47 and a 12-month high of $3.67. The stock has a 50-day moving average price of $3.44 and a two-hundred day moving average price of $3.36.

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.