Shares of CLPS Inc (NASDAQ:CLPS) were down 15.7% during trading on Wednesday . The company traded as low as $4.65 and last traded at $5.35. Approximately 858,605 shares were traded during trading, an increase of 158% from the average daily volume of 332,868 shares. The stock had previously closed at $6.35.

Several institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in shares of CLPS in the second quarter worth approximately $169,000. Cubist Systematic Strategies LLC acquired a new position in shares of CLPS in the second quarter worth approximately $179,000. Finally, Jane Street Group LLC acquired a new position in shares of CLPS in the third quarter worth approximately $190,000. 0.75% of the stock is currently owned by institutional investors.

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CLPS Company Profile (NASDAQ:CLPS)

CLPS Incorporation provides information technology and consulting services to banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management.

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