ChinaCache International Holdings Ltd. (NASDAQ:CCIH) shares shot up 0% during mid-day trading on Monday . The company traded as high as $1.35 and last traded at $1.08. 853,900 shares traded hands during trading, an increase of 186% from the average session volume of 298,107 shares. The stock had previously closed at $1.08.
An institutional investor recently raised its position in ChinaCache International Holdings stock. Renaissance Technologies LLC raised its position in ChinaCache International Holdings Ltd. (NASDAQ:CCIH) by 128.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 212,100 shares of the information services provider’s stock after acquiring an additional 119,300 shares during the quarter. Renaissance Technologies LLC owned approximately 0.81% of ChinaCache International Holdings worth $331,000 at the end of the most recent quarter. 32.34% of the stock is owned by institutional investors.
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ChinaCache International Holdings Company Profile
ChinaCache International Holdings Ltd. (ChinaCache) is a holding Company. The Company provides a portfolio of services and solutions to businesses, government agencies and other enterprises to manage the scalability of their online services and applications. Its across the nation service platform, which consists of its network, servers and software, is designed to handle planned and unplanned peaks without upfront and ongoing capital outlay and other investments on the part of its customers.
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