Shares of China Internet Nationwide Fncl Srvcs Inc (NASDAQ:CIFS) fell 8.5% during trading on Wednesday . The company traded as low as $1.90 and last traded at $1.93. 13,375 shares traded hands during trading, a decline of 89% from the average session volume of 119,211 shares. The stock had previously closed at $2.11.
A hedge fund recently bought a new stake in China Internet Nationwide Fncl Srvcs stock. Two Sigma Investments LP bought a new stake in China Internet Nationwide Fncl Srvcs Inc (NASDAQ:CIFS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 139,956 shares of the company’s stock, valued at approximately $129,000. Two Sigma Investments LP owned about 0.64% of China Internet Nationwide Fncl Srvcs at the end of the most recent reporting period. 0.64% of the stock is currently owned by institutional investors and hedge funds.
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About China Internet Nationwide Fncl Srvcs (NASDAQ:CIFS)
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.
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