China Internet Nationwide Fncl Srvcs Inc (NASDAQ:CIFS) shares were down 6.6% on Friday . The company traded as low as $3.00 and last traded at $3.24. Approximately 1,719,539 shares changed hands during mid-day trading, an increase of 856% from the average daily volume of 179,950 shares. The stock had previously closed at $3.47.
Separately, BidaskClub raised shares of China Internet Nationwide Fncl Srvcs from a “strong sell” rating to a “sell” rating in a report on Saturday, August 11th.
A hedge fund recently bought a new stake in China Internet Nationwide Fncl Srvcs stock. Barclays PLC bought a new stake in China Internet Nationwide Fncl Srvcs Inc (NASDAQ:CIFS) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,300 shares of the company’s stock, valued at approximately $106,000. Institutional investors own 0.61% of the company’s stock.
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.
Featured Story: How can you know how many shares are floating?
Receive News & Ratings for China Internet Nationwide Fncl Srvcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Internet Nationwide Fncl Srvcs and related companies with MarketBeat.com's FREE daily email newsletter.