Yangtze River Port and Logistics (NASDAQ:YRIV) Shares Up 6.8%

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Yangtze River Port and Logistics Ltd (NASDAQ:YRIV) shares rose 6.8% on Friday . The company traded as high as $0.48 and last traded at $0.47, approximately 922,307 shares changed hands during mid-day trading. A decline of 81% from the average daily volume of 4,945,392 shares. The stock had previously closed at $0.44.

The business’s 50 day simple moving average is $0.52.

Yangtze River Port and Logistics (NASDAQ:YRIV) last posted its quarterly earnings results on Friday, May 3rd. The company reported ($0.01) earnings per share for the quarter.

In other Yangtze River Port and Logistics news, CEO Xiangyao Liu purchased 282,825 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The shares were acquired at an average price of $1.08 per share, for a total transaction of $305,451.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 55.28% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC bought a new stake in Yangtze River Port and Logistics in the 4th quarter valued at $90,000. Virtu Financial LLC bought a new stake in Yangtze River Port and Logistics in the 1st quarter valued at $91,000. Finally, Two Sigma Investments LP bought a new stake in Yangtze River Port and Logistics in the 4th quarter valued at $233,000. Institutional investors and hedge funds own 0.26% of the company’s stock.

About Yangtze River Port and Logistics (NASDAQ:YRIV)

Yangtze River Port and Logistics Limited, through its subsidiary, Wuhan Yangtze River Newport Logistics Co, Ltd., primarily engages in the real estate and infrastructural development business in the People's Republic of China. It operates Wuhan Yangtze River Newport Logistics Center, a port logistics center located in Wuhan Newport Yangluo Port, Hubei Province of China.

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