Short Interest in China Literature Limited (OTCMKTS:CHLLF) Grows By 8.6%

China Literature Limited (OTCMKTS:CHLLF) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 4,276,200 shares, an increase of 8.6% from the July 15th total of 3,937,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

China Literature Price Performance

Shares of OTCMKTS:CHLLF opened at $3.34 on Monday. The firm has a fifty day moving average price of $3.34 and a two-hundred day moving average price of $3.30. China Literature has a one year low of $3.25 and a one year high of $3.35.

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.