Scienjoy Holding Corporation (NASDAQ:SJ) Shares Shorted: Short Interest Up 78.4% in September

Scienjoy Holding Corporation (NASDAQ:SJ – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 36,473 shares, an increase of 78.4% from the September 15th total of 20,441 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 17,487 shares, the short-interest ratio is presently 2.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Scienjoy in a research note on Friday, September 11th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

View Our Latest Analysis on SJ

Scienjoy Stock Down 4.9%

Shares of Scienjoy stock traded down $0.05 during trading hours on Friday, reaching $0.92. 9,170 shares of the stock traded hands, compared to its average volume of 56,587. The company has a 50 day moving average price of $0.86 and a 200 day moving average price of $0.99. The firm has a market capitalization of $36.30 million, a price-to-earnings ratio of -0.47 and a beta of 0.89. Scienjoy has a one year low of $0.45 and a one year high of $1.63.

Scienjoy Company Profile

(Get Free Report)

Scienjoy Holding Corporation (NASDAQ: SJ) is a China-based online entertainment company that operates digital platforms focused on live streaming and interactive social experiences. Its services connect users with content creators through real-time video broadcasts, audience interaction and virtual entertainment features.

The company’s business model generally includes revenue from virtual items purchased by viewers, platform services and related digital entertainment activities. Scienjoy has also been associated with short-form video, social networking and other online content offerings designed for mobile users and livestream audiences.

Scienjoy serves users primarily in China through its internet and mobile platforms.

See Also

Receive News & Ratings for Scienjoy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scienjoy and related companies with MarketBeat.com's FREE daily email newsletter.