China Jo-Jo Drugstores (CJJD) Sets New 1-Year High at $2.35

China Jo-Jo Drugstores Inc (NASDAQ:CJJD) shares reached a new 52-week high during trading on Friday . The stock traded as high as $2.35 and last traded at $2.12, with a volume of 4194 shares. The stock had previously closed at $2.07.

A hedge fund recently raised its stake in China Jo-Jo Drugstores stock. Renaissance Technologies LLC lifted its holdings in China Jo-Jo Drugstores Inc (NASDAQ:CJJD) by 81.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,739 shares of the company’s stock after purchasing an additional 130,139 shares during the quarter. Renaissance Technologies LLC owned about 1.00% of China Jo-Jo Drugstores worth $466,000 as of its most recent SEC filing. Institutional investors and hedge funds own 18.04% of the company’s stock.

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About China Jo-Jo Drugstores (NASDAQ:CJJD)

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 operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.

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