Scienjoy Holding Corporation (NASDAQ:SJ – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 20,717 shares, an increase of 408.6% from the June 30th total of 4,073 shares. Based on an average daily volume of 44,775 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Trading of Scienjoy
A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC grew its position in Scienjoy Holding Corporation (NASDAQ:SJ – Free Report) by 25.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,709 shares of the company’s stock after acquiring an additional 15,540 shares during the period. Citadel Advisors LLC owned 0.20% of Scienjoy worth $49,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.32% of the company’s stock.
Scienjoy Stock Performance
Shares of NASDAQ:SJ traded up $0.04 on Friday, hitting $0.81. The stock had a trading volume of 16,549 shares, compared to its average volume of 33,304. Scienjoy has a twelve month low of $0.45 and a twelve month high of $1.63. The firm’s 50 day moving average price is $0.98 and its 200-day moving average price is $1.12. The company has a market capitalization of $32.10 million, a price-to-earnings ratio of -0.42 and a beta of 0.89.
Analyst Ratings Changes
Separately, Weiss Ratings downgraded 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 data from MarketBeat.com, the company presently has an average 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.
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