Yunji Inc. (NASDAQ:YJ) Sees Large Decline in Short Interest

Yunji Inc. (NASDAQ:YJ) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 10,600 shares, a drop of 33.3% from the October 15th total of 15,900 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is currently 0.6 days.

Yunji Stock Performance

NASDAQ YJ opened at $1.54 on Thursday. The stock’s fifty day moving average is $2.04 and its two-hundred day moving average is $2.48. The firm has a market capitalization of $7.58 million, a P/E ratio of -0.49 and a beta of 0.49. Yunji has a fifty-two week low of $1.42 and a fifty-two week high of $4.72.

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

Yunji Company Profile

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.