Sc China Holding LTD Position in Jumei Intl Hldg LTD (JMEI) Has Trimmed by $10.45 Million as Stock Value Declined

June 16, 2018 - By Richard Conner

Sc China Holding Ltd decreased its stake in Jumei Intl Hldg Ltd (JMEI) by 37.5% based on its latest 2018Q1 regulatory filing with the SEC. Sc China Holding Ltd sold 5.23M shares as the company’s stock declined 19.40% with the market. The institutional investor held 8.71 million shares of the other specialty stores company at the end of 2018Q1, valued at $25.25M, down from 13.93M at the end of the previous reported quarter. Sc China Holding Ltd who had been investing in Jumei Intl Hldg Ltd for a number of months, seems to be less bullish one the $420.20 million market cap company. The stock increased 1.08% or $0.03 during the last trading session, reaching $2.8. About 1.68M shares traded or 30.19% up from the average. Jumei International Holding Limited (NYSE:JMEI) has declined 20.72% since June 16, 2017 and is downtrending. It has underperformed by 33.29% the S&P500.

Another recent and important Jumei International Holding Limited (NYSE:JMEI) news was published by Globenewswire.com which published an article titled: “Jumei Announces Disposal of a Portion of its Equity Interest in BabyTree” on May 28, 2018.

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