China Literature Limited (OTCMKTS:CHLLF) Short Interest Up 5.6% in April

China Literature Limited (OTCMKTS:CHLLF) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,311,300 shares, an increase of 5.6% from the March 31st total of 2,188,500 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 2,311.3 days.

China Literature Price Performance

Shares of OTCMKTS:CHLLF opened at $3.25 on Thursday. The stock’s 50-day moving average is $3.26 and its 200-day moving average is $3.29. China Literature has a 52-week low of $3.25 and a 52-week high of $3.25.

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.