China Jojo Drugstore (NASDAQ:CJJD) Sees Significantly Lower Trading Volume

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China Jojo Drugstore shares had a trading volume of 5,550 on Tuesday. Trading volume was down 82.66% under the stocks average daily volume.

Investors are feeling more bullish on China Jojo Drugstore considering the motion in short interest. The stock realized a fall in short interest from September 29, 2017 to October 13, 2017 of -8.03%. Short interest fell 3,771 over that timeframe. Days to cover decreased from 9.0 to 2.0 and the short interest percentage is 0.00% as of October 13.

A few notable investment firms have updated their holdings. As of quarter end Ubs Group Ag had sold a total of 1,724 shares trimming its stake by 64.2%. The value of the investment in China Jojo Drugstore went from $5,000 to $2,000 decreasing 60.0% for the reporting period. Renaissance Technologies LLC trimmed its stake by shedding 33,100 shares a decrease of 21.4% as of 06/30/2017. Renaissance Technologies LLC now controls 121,700 shares valued at $212,000. The value of the position overall is down by 24.0%.

The company is down by 0.66% since yesterday’s close of 1.51. China Jojo Drugstore currently has a P/E ratio of N/A and market cap is 37.82M. In the last earnings report the EPS was $-0.30 with 25.21M shares now outstanding.

China Jo-Jo Drugstores, Inc., launched on December 19, 2006, is a retailer and distributor of pharmaceutical and other healthcare products found in a retail pharmacy in the People’s Republic of China. The Business’s segments include retail drugstores, online pharmacy, drug wholesale and herb farming. The retail drugstores segment sells prescription and over-the-counter (OTC) medicines, traditional Chinese medicine (TCM), dietary supplement, medical devices and sundry items to retail customers. Its online pharmacy segment sells OTC drugs, dietary supplement, medical devices and sundry items to customers through Alibaba’s Tmall and its own platform all over China. The drug wholesale segment supplies its own retail drugstores with prescription and OTC medicines, TCM, dietary supplement, medical devices and sundry items, and also sells them to other drug vendors and hospitals. Its herb farming segment cultivates selected herbs for sales to other drug vendors. It is also involved in online sales and clinic services..