Short Interest in Yunji Inc. (NASDAQ:YJ) Drops By 60.2%

Yunji Inc. (NASDAQ:YJ) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 7,400 shares, a decline of 60.2% from the August 31st total of 18,600 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 10,800 shares, the days-to-cover ratio is currently 0.7 days.

Yunji Trading Down 1.5 %

Shares of NASDAQ:YJ opened at $2.00 on Friday. Yunji has a 12-month low of $1.42 and a 12-month high of $4.72. The business has a 50 day moving average of $0.85 and a two-hundred day moving average of $0.78. The company has a market capitalization of $9.84 million, a PE ratio of -1.97 and a beta of 0.45.

Yunji (NASDAQ:YJ) last posted its earnings results on Friday, August 23rd. The company reported ($0.06) earnings per share (EPS) for the quarter. Yunji had a negative net margin of 20.69% and a negative return on equity of 8.78%. The firm had revenue of $14.58 million during the quarter.

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.