Short Interest in Yunji Inc. (NASDAQ:YJ) Drops By 33.4%

Yunji Inc. (NASDAQ:YJ) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 20,900 shares, a drop of 33.4% from the February 13th total of 31,400 shares. Based on an average trading volume of 143,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.8% of the shares of the stock are sold short.

Yunji Trading Down 0.3 %

Shares of NASDAQ YJ opened at $1.90 on Monday. The business has a 50-day moving average of $1.76 and a 200-day moving average of $1.85. The firm has a market capitalization of $9.34 million, a price-to-earnings ratio of -0.64 and a beta of 0.44. Yunji has a 12 month low of $1.42 and a 12 month high of $3.56.

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.