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

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

111 Stock Performance

Shares of YI opened at $5.57 on Thursday. The company has a market cap of $47.67 million, a price-to-earnings ratio of -13.93 and a beta of 0.43. The stock has a fifty day moving average price of $6.58 and a two-hundred day moving average price of $7.86. 111 has a 52-week low of $4.14 and a 52-week high of $15.80.

111 (NASDAQ:YI) last released its quarterly earnings results on Wednesday, November 27th. The company reported ($0.20) earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 111 in a report on Saturday, January 18th.

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.