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

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 2,469,100 shares, a decline of 22.6% from the December 31st total of 3,189,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 24,691.0 days.

China Literature Price Performance

OTCMKTS CHLLF opened at $3.53 on Friday. The stock has a 50-day moving average of $3.56 and a two-hundred day moving average of $3.46. 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.