Short Interest in China Literature Limited (OTCMKTS:CHLLF) Decreases By 51.3%

China Literature Limited (OTCMKTS:CHLLF) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 867,700 shares, a decrease of 51.3% from the February 28th total of 1,782,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

China Literature Price Performance

OTCMKTS CHLLF remained flat at $3.53 on Friday. The stock’s fifty day moving average price is $3.53 and its 200-day moving average price is $3.52. China Literature has a 12 month low of $3.47 and a 12 month 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.