Jane Street Group LLC Has $250,000 Position in DouYu International Holdings Limited (NASDAQ:DOYU)

Jane Street Group LLC lowered its holdings in shares of DouYu International Holdings Limited (NASDAQ:DOYU) by 17.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,115 shares of the company’s stock after selling 4,978 shares during the quarter. Jane Street Group LLC owned 0.07% of DouYu International worth $250,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of DOYU. FMR LLC grew its holdings in shares of DouYu International by 57.7% during the third quarter. FMR LLC now owns 1,859,521 shares of the company’s stock worth $20,139,000 after buying an additional 680,659 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of DouYu International during the third quarter worth about $5,968,000. BRIGHT VALLEY CAPITAL Ltd grew its holdings in shares of DouYu International by 42.0% during the second quarter. BRIGHT VALLEY CAPITAL Ltd now owns 371,184 shares of the company’s stock worth $4,079,000 after buying an additional 109,768 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of DouYu International during the third quarter worth about $1,762,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of DouYu International by 46.0% during the second quarter. Dimensional Fund Advisors LP now owns 160,276 shares of the company’s stock worth $1,761,000 after buying an additional 50,531 shares in the last quarter. Institutional investors and hedge funds own 17.86% of the company’s stock.

DouYu International Stock Down 1.4 %

DOYU stock opened at $10.57 on Friday. The business has a 50 day moving average price of $11.07 and a two-hundred day moving average price of $12.56. The company has a market cap of $334.43 million, a price-to-earnings ratio of -12.01 and a beta of 0.97. DouYu International Holdings Limited has a twelve month low of $6.29 and a twelve month high of $20.17.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DOYU. Hsbc Global Res downgraded DouYu International from a “hold” rating to a “moderate sell” rating in a report on Tuesday, September 24th. HSBC downgraded DouYu International from a “hold” rating to a “reduce” rating in a report on Tuesday, September 24th.

DouYu International Profile

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.