Yangtze River Port and Logistics (NASDAQ:YRIV) Shares Gap Down to $0.44

Yangtze River Port and Logistics Ltd (NASDAQ:YRIV)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $0.45, but opened at $0.44. Yangtze River Port and Logistics shares last traded at $0.40, with a volume of 2,150,573 shares trading hands.

In other news, CEO Xiangyao Liu bought 282,825 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was purchased at an average cost of $1.08 per share, for a total transaction of $305,451.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 55.28% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of YRIV. Virtu Financial LLC bought a new position in shares of Yangtze River Port and Logistics during the first quarter worth about $91,000. Two Sigma Investments LP bought a new position in shares of Yangtze River Port and Logistics during the fourth quarter worth about $233,000. Finally, Squarepoint Ops LLC bought a new position in shares of Yangtze River Port and Logistics during the fourth quarter worth about $90,000. Institutional investors own 0.26% of the company’s stock.

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Yangtze River Port and Logistics Company Profile (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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