Code Chain New Continent (NASDAQ:CCNC) Trading 7.8% Higher

Shares of Code Chain New Continent Limited (NASDAQ:CCNC) traded up 7.8% during trading on Thursday . The stock traded as high as $0.76 and last traded at $0.75. 177,393 shares changed hands during mid-day trading, an increase of 855% from the average session volume of 18,580 shares. The stock had previously closed at $0.69.

Code Chain New Continent Price Performance

The firm’s 50-day moving average price is $1.57 and its 200 day moving average price is $2.30.

Institutional Trading of Code Chain New Continent

An institutional investor recently raised its position in Code Chain New Continent stock. Virtu Financial LLC increased its position in shares of Code Chain New Continent Limited (NASDAQ:CCNC) by 72.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,362 shares of the company’s stock after acquiring an additional 24,526 shares during the quarter. Virtu Financial LLC owned approximately 0.15% of Code Chain New Continent worth $53,000 as of its most recent filing with the SEC. 34.75% of the stock is owned by hedge funds and other institutional investors.

Code Chain New Continent Company Profile

Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things (IoT) and electronic token digital door signs. It creates digital door signs which is the digitalization of a physical store by means of animation and other technical services; and offers electronic tokens, that are used for purchasing virtual real estate properties.