Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Update

Scienjoy Holding Corporation (NASDAQ:SJ) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 7,759 shares, an increase of 239.6% from the May 31st total of 2,285 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 88,189 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Scienjoy Price Performance

NASDAQ SJ opened at $0.94 on Friday. The business has a fifty day moving average price of $1.09 and a two-hundred day moving average price of $1.09. The stock has a market capitalization of $37.30 million, a PE ratio of -0.48 and a beta of 0.81. Scienjoy has a fifty-two week low of $0.45 and a fifty-two week high of $1.63.

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

Institutional Inflows and Outflows

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

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.