Yunji Inc. Sponsored ADR (NASDAQ:YJ) Sees Significant Growth in Short Interest

Yunji Inc. Sponsored ADR (NASDAQ:YJ) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 205,879 shares, an increase of 183.1% from the August 15th total of 72,720 shares. Approximately 7.6% of the company’s shares are sold short. Based on an average daily volume of 13,153,626 shares, the days-to-cover ratio is currently 0.0 days.

Yunji Price Performance

Shares of NASDAQ YJ opened at $1.99 on Friday. Yunji has a 1 year low of $1.11 and a 1 year high of $13.97. The firm has a 50-day simple moving average of $1.95 and a two-hundred day simple moving average of $1.76. The company has a market cap of $9.81 million, a P/E ratio of -0.59 and a beta of 0.40.

Yunji (NASDAQ:YJ) last released its earnings results on Thursday, August 20th. The company reported ($1.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.87). The firm had revenue of $7.09 million during the quarter, compared to analysts’ expectations of $16.83 million.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Yunji from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Yunji currently has an average rating of “Sell”.

About Yunji

Yunji Inc is a China-based social commerce company that operates a membership-focused e-commerce platform. The company offers a curated selection of lifestyle products, positioning itself as a bridge between manufacturers and end consumers. By combining technology with a membership community, Yunji aims to deliver a personalized shopping experience that emphasizes quality, affordability and social interaction.

The platform’s product portfolio spans beauty and personal care, health and wellness, household essentials, food and beverage, apparel and accessories.