111, Inc. (NASDAQ:YI) Sees Significant Growth in Short Interest

111, Inc. (NASDAQ:YI) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 5,600 shares, an increase of 47.4% from the May 31st total of 3,800 shares. Based on an average trading volume of 41,500 shares, the days-to-cover ratio is presently 0.1 days.

111 Stock Down 1.8 %

Shares of YI stock opened at $1.07 on Friday. 111 has a one year low of $0.97 and a one year high of $3.36. The company has a 50 day moving average price of $1.14 and a 200 day moving average price of $1.30.

111 (NASDAQ:YI) last released its quarterly earnings data on Thursday, May 23rd. The company reported ($0.02) EPS for the quarter. The firm had revenue of $488.68 million during the quarter.

Hedge Funds Weigh In On 111

An institutional investor recently bought a new position in 111 stock. Deuterium Capital Management LLC purchased a new stake in 111, Inc. (NASDAQ:YI) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $116,000. Deuterium Capital Management LLC owned approximately 0.12% of 111 at the end of the most recent quarter. 21.32% of the stock is currently owned by institutional investors and hedge funds.

111 Company Profile

111, Inc, together with its subsidiaries, operates an integrated online and offline platform in the healthcare market in the People's Republic of China. It operates through two segments, B2C and B2B. The company sells medical and wellness products through online retail, and wholesale and retail pharmacies, as well as provides value-added services that include online consultation services and electronic prescription services to consumers.