Short Interest in Yunji Inc. Sponsored ADR (NASDAQ:YJ) Declines By 41.6%

Yunji Inc. Sponsored ADR (NASDAQ:YJ) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 27,890 shares, a drop of 41.6% from the March 15th total of 47,719 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,201 shares, the short-interest ratio is presently 5.4 days.

Yunji Trading Up 6.6%

Shares of YJ opened at $1.67 on Monday. Yunji has a 12 month low of $1.11 and a 12 month high of $2.67. The firm’s 50 day moving average is $1.60 and its 200-day moving average is $1.61. The stock has a market capitalization of $8.25 million, a PE ratio of -0.50 and a beta of 0.04.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Yunji in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

About Yunji

Yunji Inc is a China-based social commerce company that operates a membership-focused e-commerce platform. The company offers a curated selection of lifestyle products, positioning itself as a bridge between manufacturers and end consumers. By combining technology with a membership community, Yunji aims to deliver a personalized shopping experience that emphasizes quality, affordability and social interaction.

The platform’s product portfolio spans beauty and personal care, health and wellness, household essentials, food and beverage, apparel and accessories.