111, Inc. (NASDAQ:YI – Get Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 85,300 shares, a growth of 167.4% from the December 15th total of 31,900 shares. Based on an average daily volume of 216,500 shares, the short-interest ratio is presently 0.4 days.
111 Trading Down 10.4 %
YI stock opened at $0.44 on Tuesday. 111 has a one year low of $0.43 and a one year high of $1.64. The firm has a 50-day moving average of $0.71 and a two-hundred day moving average of $0.84. The firm has a market capitalization of $37.72 million, a PE ratio of -1.10 and a beta of 0.43.
111 shares are going to reverse split before the market opens on Friday, January 24th. The 1-10 reverse split was announced on Wednesday, January 8th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, January 23rd.
About 111
111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.
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