Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Update

Scienjoy Holding Corporation (NASDAQ:SJ) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 20,717 shares, a growth of 408.6% from the June 30th total of 4,073 shares. Based on an average daily trading volume, of 44,775 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Scienjoy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, June 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Trading of Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC grew its position in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,709 shares of the company’s stock after acquiring an additional 15,540 shares during the period. Citadel Advisors LLC owned about 0.20% of Scienjoy worth $49,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.32% of the company’s stock.

Scienjoy Trading Up 5.5%

Shares of Scienjoy stock traded up $0.04 during trading on Friday, reaching $0.81. The company’s stock had a trading volume of 16,549 shares, compared to its average volume of 33,304. Scienjoy has a one year low of $0.45 and a one year high of $1.63. The stock has a 50-day moving average price of $0.98 and a two-hundred day moving average price of $1.12. The stock has a market capitalization of $32.11 million, a P/E ratio of -0.42 and a beta of 0.89.

Scienjoy (NASDAQ:SJ) last posted its quarterly earnings results on Thursday, May 21st. The company reported $0.03 earnings per share (EPS) for the quarter. Scienjoy had a negative return on equity of 63.91% and a negative net margin of 46.33%.The business had revenue of $40.99 million for the quarter.

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.