111, Inc. (NASDAQ:YI) Short Interest Up 167.4% in December

111, Inc. (NASDAQ:YIGet Free Report) was the recipient of a large 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 presently 0.4 days.

111 Stock Performance

Shares of YI opened at $0.44 on Tuesday. 111 has a one year low of $0.43 and a one year high of $1.64. The stock’s fifty day moving average is $0.71 and its 200-day moving average is $0.84. The firm has a market capitalization of $37.72 million, a price-to-earnings ratio of -1.10 and a beta of 0.43.

Shares of 111 are scheduled 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.

About 111

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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.

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