China Jo-jo Drugstores Inc (NASDAQ:CJJD): Institutional Investors Aren’t Crazy About It

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) Logo

Sentiment for China Jo-jo Drugstores Inc (NASDAQ:CJJD)

China Jo-jo Drugstores Inc (NASDAQ:CJJD) institutional sentiment decreased to 0.75 in Q2 2019. Its down -7.25, from 8 in 2019Q1. The ratio is negative, as 6 institutional investors started new and increased holdings, while 8 reduced and sold their holdings in China Jo-jo Drugstores Inc. The institutional investors in our partner’s database reported: 7.71 million shares, down from 11.96 million shares in 2019Q1. Also, the number of institutional investors holding China Jo-jo Drugstores Inc in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 5 Reduced: 3 Increased: 0 New Position: 6.

China Jo-Jo Drugstores, Inc., together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company has market cap of $38.54 million. The firm operates through four divisions: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming. It currently has negative earnings. The Company’s stores provide various pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines , personal and family care products, and medical devices, as well as convenience products, such as consumable, seasonal, and promotional items.

The stock decreased 0.85% or $0.01 during the last trading session, reaching $1.17. About 132,186 shares traded. China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) has declined 17.05% since September 13, 2018 and is downtrending. It has underperformed by 17.05% the S&P500.

Sabby Management Llc holds 2.53% of its portfolio in China Jo-Jo Drugstores, Inc. for 1.83 million shares. Hillhouse Capital Management Ltd. owns 4.84 million shares or 0.17% of their US portfolio. Moreover, Geode Capital Management Llc has 0% invested in the company for 105,303 shares. The New York-based Levin Capital Strategies L.P. has invested 0% in the stock. Morgan Stanley, a New York-based fund reported 1,300 shares.

More notable recent China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) news were published by: Prnewswire.com which released: “China Jo-Jo Drugstores Announces Strategic Transformation Plan – PRNewswire” on December 31, 2018, also Finance.Yahoo.com with their article: “What Kind Of Shareholders Own China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD)? – Yahoo Finance” published on July 12, 2019, Prnewswire.com published: “China Jo-Jo Drugstores Announces the Closing of $10 Million Registered Direct Offering – PRNewswire” on April 15, 2019. More interesting news about China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) were released by: Nasdaq.com and their article: “Mid-Day Market Update: SemiLEDs Falls After Q2 Results; China Bat Group Shares Surge – Nasdaq” published on April 11, 2019 as well as Prnewswire.com‘s news article titled: “China Jo-Jo Drugstores Enters into Strategic Cooperation Framework Agreement with Zhejiang Medical Insurance Bureau – PRNewswire” with publication date: June 24, 2019.

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) Institutional Positions Chart

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