Today’s Ownership Action: Institutional Investors Are Crazy About Pingtan Marine Enterprise LTD (NASDAQ:CGEIU)

November 22, 2016 - By Pete Kolinski   ·   0 Comments

Today's Ownership Action: Institutional Investors Are Crazy  About Pingtan Marine Enterprise LTD (NASDAQ:CGEIU)

Sentiment for Pingtan Marine Enterprise LTD (NASDAQ:CGEIU)

Pingtan Marine Enterprise LTD (NASDAQ:CGEIU) institutional sentiment increased to 2 in Q2 2016. Its up 1.75, from 0.25 in 2016Q1. The ratio is positive, as 1 funds started new or increased holdings, while 4 cut down and sold their stakes in Pingtan Marine Enterprise LTD. The funds in our partner’s database now own: 432,437 shares, down from 753,754 shares in 2016Q1. Also, the number of funds holding Pingtan Marine Enterprise LTD in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 2 Increased: 0 New Position: 1.

Pingtan Marine Enterprise Ltd, formerly China Growth Equity Investment Ltd., is a blank check company. The company has a market cap of $50.75 million. The Firm focuses to serve as a vehicle for the acquisition of an operating business in the People’s Republic of China. It currently has negative earnings. The Firm focuses to identify a prospective target business not be limited to a particular industry.

It is down 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.

Mad River Investors holds 0.07% of its portfolio in Pingtan Marine Enterprise Ltd for 49,769 shares. Citadel Advisors Llc owns 17,022 shares or 0% of their US portfolio. Moreover, Geode Capital Management Llc has 0% invested in the company for 10,102 shares. The New York-based Goldman Sachs Group Inc has invested 0% in the stock. Royal Bank Of Canada, a Ontario – Canada-based fund reported 335,941 shares.#img1#

More notable recent Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU) news were published by: which released: “Pingtan Marine Enterprise Announces Commencement of Fishing Activity in Indo …” on November 22, 2016, also with their article: “Pingtan Marine Enterprise Schedules 2016 Third Quarter Financial Results and …” published on October 12, 2016, published: “Pingtan Marine Enterprise Ltd. Featured In CFO World Magazine Article” on April 22, 2015. More interesting news about Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU) were released by: and their article: “Pingtan Marine Enterprise LTD. Announces Presentation at The 11th China …” published on June 08, 2016 as well as‘s news article titled: “Fishy Business At Pingtan Marine Enterprise” with publication date: June 13, 2014.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Pete Kolinski

Readers Comments (0)

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News