China Literature Limited (OTCMKTS:CHLLF) Short Interest Down 21.9% in November

China Literature Limited (OTCMKTS:CHLLF) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 2,966,700 shares, a drop of 21.9% from the November 15th total of 3,798,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

China Literature Stock Performance

Shares of OTCMKTS:CHLLF remained flat at $3.53 during trading on Friday. China Literature has a 12 month low of $3.47 and a 12 month high of $3.67. The company’s 50-day moving average is $3.55 and its 200-day moving average is $3.42.

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.