Yunji Inc. Sponsored ADR (NASDAQ:YJ) Sees Significant Decrease in Short Interest

Yunji Inc. Sponsored ADR (NASDAQ:YJ) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 6,800 shares, adeclineof40.9% from the July 15th total of 11,500 shares. Approximately0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately0.3% of the company’s shares are short sold.

Yunji Price Performance

Shares of NASDAQ:YJ opened at $1.75 on Monday. The company has a market capitalization of $8.63 million, a price-to-earnings ratio of -0.51 and a beta of 0.44. The business’s 50-day moving average is $1.84 and its 200-day moving average is $1.77. Yunji has a 1 year low of $1.37 and a 1 year high of $3.04.

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.