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

Yunji Inc. (NASDAQ:YJ) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 10,600 shares, a decrease of 33.3% from the October 15th total of 15,900 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 16,900 shares, the short-interest ratio is currently 0.6 days.

Yunji Stock Performance

Shares of YJ stock opened at $1.52 on Friday. Yunji has a 52-week low of $1.42 and a 52-week high of $4.72. The stock has a market cap of $7.48 million, a price-to-earnings ratio of -0.48 and a beta of 0.49. The firm’s 50-day moving average is $2.02 and its 200-day moving average is $2.47.

Yunji (NASDAQ:YJ) last announced its earnings results 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.