China Internet Nationwide Financial Services Inc. (NASDAQ:CIFS) reached 438.58% versus a 1-year low price of $0.63. The stock was last seen 3.64% higher, reaching at $3.42 on 4/12/2019. At a recent session, the prices were hovering between $3.2 and $3.44. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $77.87M. The recent change has given its price a 35.85% lead over SMA 50 and -90.19% deficit over its 52-week high. The stock witnessed 29.06% gains, 235.26% gains and -36.9% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CIFS’s volatility during a week at 9.11% and during a month it has been found around 15.14%.China Internet Nationwide Financial Services Inc. (CIFS) Top Holders
Institutional investors currently hold around $2 million or 3.2% in CIFS stock. Look at its top three institutional owners: Renaissance Technologies Llc owns $1.09 million in China Internet Nationwide Financial Services Inc., which represents roughly 1.4% of the company’s market cap and approximately 54.5% of the institutional ownership. Similar statistics are true for the second largest owner, Two Sigma Investments, Lp, which owns 139,956 shares of the stock are valued at $479 thousand. The third largest holder is Ajo, Lp, which currently holds $271 thousand worth of this stock and that ownership represents nearly 0.35% of its market capitalization.
At the end of December reporting period, 9 institutional holders increased their position in China Internet Nationwide Financial Services Inc. (NASDAQ:CIFS) by some 657,584 shares, 9 decreased positions by 145,264 and 1 held positions by -133,598. That puts total institutional holdings at 669,250 shares, according to SEC filings. The stock grabbed 8 new institutional investments totaling 657,022 shares while 8 institutional investors sold out their entire positions totaling 144,930 shares.
China Internet Nationwide Financial Services Inc. provides financial advisory services to small-to-medium sized enterprises in the People’s Republic of China. The company offers commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, and Internet information services.