Short Interest in 111, Inc. (NASDAQ:YI) Rises By 167.4%

111, Inc. (NASDAQ:YI) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 85,300 shares, an increase of 167.4% from the December 15th total of 31,900 shares. Based on an average trading volume of 216,500 shares, the days-to-cover ratio is currently 0.4 days.

111 Stock Performance

111 stock opened at $0.47 on Wednesday. 111 has a 52-week low of $0.41 and a 52-week high of $1.64. The stock has a market capitalization of $39.85 million, a price-to-earnings ratio of -1.16 and a beta of 0.43. The stock’s 50 day moving average price is $0.70 and its two-hundred day moving average price is $0.83.

111 shares are set to reverse split on the morning of Friday, January 24th. The 1-10 reverse split was announced on Wednesday, January 8th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, January 23rd.

111 Company Profile

111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.