Scienjoy Holding Corporation (NASDAQ:SJ) Sees Significant Decline in Short Interest

Scienjoy Holding Corporation (NASDAQ:SJ) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 14,105 shares, a decrease of 46.1% from the March 31st total of 26,192 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 13,704 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On Scienjoy

A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC raised its holdings in shares of Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,709 shares of the company’s stock after purchasing an additional 15,540 shares during the quarter. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 0.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Scienjoy in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Scienjoy Stock Up 0.9%

NASDAQ SJ opened at $1.11 on Monday. The company has a market cap of $43.89 million, a PE ratio of -0.55 and a beta of 0.94. Scienjoy has a 52 week low of $0.45 and a 52 week high of $1.63. The firm’s 50-day simple moving average is $1.28 and its two-hundred day simple moving average is $0.94.

Scienjoy (NASDAQ:SJ) last released its quarterly earnings data on Thursday, April 23rd. The company reported ($2.08) EPS for the quarter. The business had revenue of $42.73 million for the quarter. Scienjoy had a negative net margin of 47.40% and a negative return on equity of 57.42%.

About Scienjoy

Scienjoy Limited (NASDAQ: SJ) is a China-based interactive entertainment company that operates online social platforms and develops mobile gaming applications. The company’s core business centers on group video chat services and live-streaming products that facilitate multi-user interactions. Through its proprietary technologies, Scienjoy provides users with themed virtual rooms, interactive features such as filters and animations, and a range of monetization options including virtual gifting and membership subscriptions.

In addition to its social entertainment offerings, Scienjoy develops and publishes casual mobile games across Android and iOS platforms.