China Literature Limited (OTCMKTS:CHLLF) Short Interest Up 11.3% in June

China Literature Limited (OTCMKTS:CHLLF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 3,271,300 shares, a growth of 11.3% from the May 31st total of 2,937,900 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 641.4 days.

China Literature Stock Performance

Shares of CHLLF opened at $3.35 on Wednesday. China Literature has a twelve month low of $3.25 and a twelve month high of $3.35. The firm’s fifty day simple moving average is $3.30 and its 200-day simple moving average is $3.29.

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.