Pioneer Investment Management Inc. Cuts Stake in ChinaCache International Holdings Ltd. (CCIH)
Pioneer Investment Management Inc. cut its position in ChinaCache International Holdings Ltd. (NASDAQ:CCIH) by 40.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 413,524 shares of the information services provider’s stock after selling 280,595 shares during the period. Pioneer Investment Management Inc.’s holdings in ChinaCache International Holdings were worth $480,000 as of its most recent SEC filing.
Separately, Renaissance Technologies LLC raised its stake in ChinaCache International Holdings by 128.6% in the first quarter. Renaissance Technologies LLC now owns 212,100 shares of the information services provider’s stock valued at $331,000 after buying an additional 119,300 shares in the last quarter. Institutional investors and hedge funds own 32.21% of the company’s stock.
Shares of ChinaCache International Holdings Ltd. (CCIH) opened at 0.77 on Wednesday. ChinaCache International Holdings Ltd. has a 52-week low of $0.72 and a 52-week high of $6.11.
About ChinaCache International Holdings
ChinaCache International Holdings Ltd. (ChinaCache) is a holding Company. The Company provides a portfolio of services and solutions to businesses, government agencies and other enterprises to manage the scalability of their online services and applications. Its across the nation service platform, which consists of its network, servers and software, is designed to handle planned and unplanned peaks without upfront and ongoing capital outlay and other investments on the part of its customers.
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