China Yida Holding major shareholder Sells $39,702 in Stock (CNYD)
China Yida Holding (NASDAQ:CNYD) major shareholder Pope Investments Ii Llc unloaded 7,800 shares of China Yida Holding stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $5.09, for a total value of $39,702.00. Following the completion of the transaction, the insider now directly owns 670,913 shares of the company’s stock, valued at approximately $3,414,947. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of China Yida Holding (NASDAQ:CNYD) traded up 12.86% during mid-day trading on Tuesday, hitting $4.39. 131,744 shares of the company’s stock traded hands. China Yida Holding has a 52 week low of $2.52 and a 52 week high of $9.47. The stock’s 50-day moving average is $3.28 and its 200-day moving average is $3.65. The company’s market cap is $17.2 million.
China Yida Holding, Co, together with its subsidiaries, operate as a diversified entertainment company in the People’s Republic of China.
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