Yunji Inc. (NASDAQ:YJ) Sees Significant Growth in Short Interest

Yunji Inc. (NASDAQ:YJ) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 15,900 shares, a growth of 93.9% from the September 30th total of 8,200 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% of the company’s shares are short sold.

Yunji Trading Down 0.5 %

YJ stock opened at $2.00 on Friday. The stock has a 50-day moving average price of $2.13 and a 200-day moving average price of $2.60. Yunji has a 1-year low of $1.42 and a 1-year high of $4.72. The firm has a market cap of $39.33 million, a PE ratio of -1.98 and a beta of 0.46.

Yunji (NASDAQ:YJ) last issued its quarterly earnings data on Friday, August 23rd. The company reported ($0.24) EPS for the quarter. The company had revenue of $14.58 million for the quarter. Yunji had a negative return on equity of 8.78% and a negative net margin of 20.69%.

About Yunji

Yunji Inc, together with its subsidiaries, operates a social e-commerce platform in the People's Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances.