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

Yunji Inc. (NASDAQ:YJ) saw a large decline in short interest in 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. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,800 shares, the short-interest ratio is currently 0.7 days.

Yunji Stock Performance

Shares of YJ opened at $2.00 on Friday. The stock has a 50 day moving average price of $0.85 and a 200 day moving average price of $0.78. Yunji has a one year low of $1.42 and a one year high of $4.72. The stock has a market capitalization of $9.84 million, a price-to-earnings ratio of -1.97 and a beta of 0.45.

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

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.