Pingtan Marine Enterprise Ltd’s CEO Xinrong Zhuo Acquired 100,000 Shares; The9 Limited – American Depository Shares Represen (NCTY) Shorts Raised By 23.75%

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The9 Limited – American Depository Shares Represen (NASDAQ:NCTY) had an increase of 23.75% in short interest. NCTY’s SI was 367,300 shares in June as released by FINRA. Its up 23.75% from 296,800 shares previously. With 160,500 avg volume, 2 days are for The9 Limited – American Depository Shares Represen (NASDAQ:NCTY)’s short sellers to cover NCTY’s short positions. The SI to The9 Limited – American Depository Shares Represen’s float is 3.13%. The stock decreased 11.29% or $0.14 during the last trading session, reaching $1.1. About 89,161 shares traded. The9 Limited (NASDAQ:NCTY) has declined 60.10% since June 10, 2017 and is downtrending. It has underperformed by 72.67% the S&P500. Some Historical NCTY News: ; 10/05/2018 – The9 Agrees to Share Deal for Minority Stake in Plutux; 10/05/2018 – The9 Limited Announces Potential Share Exchange Transaction; 22/03/2018 – The9 Limited Announces Receipt of Nasdaq Notice of Deficiency; 28/04/2018 – Correct: The9 2H Loss CNY25.8M; 22/03/2018 – THE9 LTD- MANAGEMENT IS ALSO CONSIDERING OTHER OPTIONS, INCLUDING A POTENTIAL TRANSFER OF ITS LISTING OF SECURITIES TO NASDAQ CAPITAL MARKET; 05/03/2018 – SPLENDID DAYS LIMITED REPORTS 14.1 PCT STAKE IN THE9 LTD AS OF FEB 28, 2018 – SEC FILING; 08/05/2018 – The9 Limited Announces ADS Ratio Change; 27/04/2018 – The9 Limited Announces Unaudited Financial Information as of and for the Six Months Ended December 31, 2017; 22/03/2018 – THE9 LTD GETS NASDAQ NOTICE OF DEFICIENCY ON MIN. MKT VALUE; 09/04/2018 – THE9 LTD NCTY.O – CONSIDERING OTHER OPTIONS, INCLUDING A POTENTIAL TRANSFER OF ITS LISTING OF SECURITIES TO NASDAQ CAPITAL MARKET

The9 Limited, together with its subsidiaries, operates as an online game developer and operator in the PeopleÂ’s Republic of China. The company has market cap of $17.64 million. The firm offers online games, including massively multiplayer online games, mobile games, and TV games. It currently has negative earnings. It also provides training services, such as smartphone application programming training services to college students, as well as operates mobile advertising platform.

Pingtan Marine Enterprise Ltd. engages in the ocean fishing business. The company has market cap of $249.81 million. The firm harvests a range of fish species, such as ribbon fish, croaker fish, pomfret, Spanish mackerel, Reefcod, conger eel, and squid with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans. It has a 8.43 P/E ratio. As of December 31, 2017, it owned 91 trawlers, 15 drifters, 6 squid jigging vessels, 4 longline fishing vessels, 3 light luring seine vessels, and 1 transport vessel, as well as had operating license rights to 20 drifters.

Investors sentiment decreased to 1 in 2018 Q1. Its down 1.00, from 2 in 2017Q4. It is negative, as 1 investors sold Pingtan Marine Enterprise Ltd. shares while 2 reduced holdings. 1 funds opened positions while 2 raised stakes. 570,811 shares or 4.74% less from 599,232 shares in 2017Q4 were reported. Royal Natl Bank Of Canada accumulated 319,351 shares. Barclays Public Limited holds 0% or 12 shares in its portfolio. Tower Research Limited Com (Trc) owns 0% invested in Pingtan Marine Enterprise Ltd. (NASDAQ:PME) for 1,319 shares. Morgan Stanley has 0% invested in Pingtan Marine Enterprise Ltd. (NASDAQ:PME). Mad River Invsts holds 0.14% of its portfolio in Pingtan Marine Enterprise Ltd. (NASDAQ:PME) for 49,769 shares. Massachusetts-based Geode Cap Mgmt Ltd Limited Liability Company has invested 0% in Pingtan Marine Enterprise Ltd. (NASDAQ:PME). Invesco Ltd accumulated 148,608 shares. Jpmorgan Chase stated it has 0% in Pingtan Marine Enterprise Ltd. (NASDAQ:PME).

Since May 15, 2018, it had 10 buys, and 0 sales for $1.87 million activity. Another trade for 50,000 shares valued at $179,465 was bought by ZHUO XINRONG.

The Pingtan Marine Enterprise Ltd’s CEO Xinrong Zhuo picked up – 100,000 shares of Pingtan Marine Enterprise Ltd, based on the avg. market share price that is $3.0 per each share . The purchased shares had a value of $300,400 U.S Dollars . In the last month, he also acquired 550,000 shares with value $1.87 million USD. This substantial deal is sure to get people talking for the company. Xinrong Zhuo now owns 90.29 million shares of the Firm.