Yunji Inc. (NASDAQ:YJ) Short Interest Up 101.3% in August

Yunji Inc. (NASDAQ:YJGet Rating) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 59,800 shares, an increase of 101.3% from the August 15th total of 29,700 shares. Based on an average trading volume of 183,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Yunji

A hedge fund recently raised its stake in Yunji stock. Renaissance Technologies LLC raised its position in shares of Yunji Inc. (NASDAQ:YJGet Rating) by 161.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 153,200 shares of the company’s stock after buying an additional 94,600 shares during the quarter. Renaissance Technologies LLC owned about 0.07% of Yunji worth $156,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.27% of the company’s stock.

Yunji Price Performance

Shares of Yunji stock opened at $0.77 on Wednesday. Yunji has a 1 year low of $0.50 and a 1 year high of $1.42. The firm’s 50-day moving average is $0.95 and its two-hundred day moving average is $1.02. The stock has a market cap of $165.63 million, a price-to-earnings ratio of 25.72 and a beta of 0.83.

Yunji (NASDAQ:YJGet Rating) last issued its earnings results on Thursday, August 25th. The company reported ($0.01) earnings per share (EPS) for the quarter. Yunji had a return on equity of 6.96% and a net margin of 3.78%. The business had revenue of $42.39 million for the quarter.

About Yunji

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Yunji Inc 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.

Further Reading

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