Harvest Fund Management Co. Ltd bought a new stake in shares of ChinaCache International Holdings Ltd. (NASDAQ:CCIH) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 300,000 shares of the company’s stock, valued at approximately $768,000. Harvest Fund Management Co. Ltd owned 1.16% of ChinaCache International Holdings as of its most recent filing with the SEC.
Separately, KEYWISE CAPITAL MANAGEMENT Ltd increased its stake in shares of ChinaCache International Holdings by 33.1% in the third quarter. KEYWISE CAPITAL MANAGEMENT Ltd now owns 187,323 shares of the company’s stock valued at $721,000 after buying an additional 46,600 shares during the period. 32.53% of the stock is currently owned by institutional investors.
Shares of ChinaCache International Holdings Ltd. (NASDAQ:CCIH) traded down 0.82% during midday trading on Tuesday, reaching $2.43. 161,726 shares of the company’s stock traded hands. The stock’s market capitalization is $62.61 million. ChinaCache International Holdings Ltd. has a 1-year low of $2.04 and a 1-year high of $10.48. The firm’s 50-day moving average price is $2.57 and its 200 day moving average price is $3.83.
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About ChinaCache International Holdings
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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