Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Down 47.5% in June

Scienjoy Holding Corporation (NASDAQ:SJ) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 4,073 shares, a drop of 47.5% from the June 15th total of 7,759 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 89,408 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC grew its holdings in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities & Exchange Commission. 0.32% of the stock is owned by institutional investors and hedge funds.

Scienjoy Stock Performance

Shares of SJ traded up $0.02 during mid-day trading on Friday, reaching $0.88. The stock had a trading volume of 1,055 shares, compared to its average volume of 66,070. The business has a fifty day moving average of $1.03 and a 200 day moving average of $1.12. The firm has a market cap of $34.68 million, a price-to-earnings ratio of -0.45 and a beta of 0.89. Scienjoy has a 12 month low of $0.45 and a 12 month high of $1.63.

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

Wall Street Analysts Forecast Growth

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

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.