New China Life Insurance Company Ltd. (OTCMKTS:NWWCF) Short Interest Down 49.6% in June

New China Life Insurance Company Ltd. (OTCMKTS:NWWCFGet Free Report) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,981,282 shares, a decrease of 49.6% from the June 15th total of 3,930,807 shares. Based on an average trading volume of 1,517 shares, the days-to-cover ratio is currently 1,306.1 days.

New China Life Insurance Stock Up 18.6%

Shares of NWWCF traded up $0.95 during trading hours on Wednesday, reaching $6.05. 4,707 shares of the company traded hands, compared to its average volume of 3,283. The stock has a fifty day simple moving average of $6.47 and a 200 day simple moving average of $6.96. New China Life Insurance has a fifty-two week low of $5.10 and a fifty-two week high of $8.65.

New China Life Insurance Company Profile

(Get Free Report)

New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.

The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.

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