Dimensional Fund Advisors LP decreased its holdings in 500.com Ltd (NYSE:WBAI) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 282,155 shares of the company’s stock after selling 9,295 shares during the period. Dimensional Fund Advisors LP owned 0.66% of 500.com worth $3,121,000 at the end of the most recent quarter.
Shares of NYSE:WBAI traded up $0.12 during trading on Friday, reaching $14.67. The company’s stock had a trading volume of 22,978 shares, compared to its average volume of 67,332. 500.com Ltd has a 12 month low of $5.22 and a 12 month high of $23.22.
Separately, ValuEngine raised shares of 500.com from a “hold” rating to a “buy” rating in a report on Thursday, January 10th.
500.com Limited, through its subsidiaries, provides online gaming services primarily in the People's Republic of China and Europe. It operates online gaming sites, such as Multilotto.com or Multilotto.net in Curacao, Malta, the United Kingdom, and Ireland, as well as provides users with various casino services, including online slot machines and online table games.
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