Short Interest in 111, Inc. (NASDAQ:YI) Decreases By 39.1%

111, Inc. (NASDAQ:YI) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 29,800 shares, a decrease of 39.1% from the March 15th total of 48,900 shares. Based on an average daily volume of 74,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of YI. Renaissance Technologies LLC lifted its holdings in 111 by 61.9% during the 1st quarter. Renaissance Technologies LLC now owns 32,947 shares of the company’s stock worth $88,000 after buying an additional 12,600 shares in the last quarter. Invesco Ltd. raised its position in shares of 111 by 59.0% during the 1st quarter. Invesco Ltd. now owns 52,423 shares of the company’s stock valued at $139,000 after acquiring an additional 19,454 shares during the last quarter. State Street Corp raised its position in shares of 111 by 17.9% during the 1st quarter. State Street Corp now owns 147,142 shares of the company’s stock valued at $391,000 after acquiring an additional 22,329 shares during the last quarter. Jane Street Group LLC raised its position in shares of 111 by 221.1% during the 1st quarter. Jane Street Group LLC now owns 39,917 shares of the company’s stock valued at $106,000 after acquiring an additional 27,484 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of 111 during the 2nd quarter valued at $107,000. Institutional investors and hedge funds own 21.32% of the company’s stock.

111 Price Performance

Shares of YI traded up $0.03 on Friday, hitting $1.10. The company’s stock had a trading volume of 30,104 shares, compared to its average volume of 101,690. The company has a market capitalization of $91.87 million, a PE ratio of -1.67 and a beta of 0.38. 111 has a fifty-two week low of $0.98 and a fifty-two week high of $3.36. The company has a 50 day moving average price of $1.31 and a 200 day moving average price of $1.72.

111 (NASDAQ:YI) last announced its earnings results on Thursday, March 21st. The company reported ($0.34) EPS for the quarter. The firm had revenue of $578.69 million during the quarter.

About 111

111, Inc, together with its subsidiaries, operates an integrated online and offline platform in the healthcare market in the People's Republic of China. It operates through two segments, B2C and B2B. The company sells medical and wellness products through online retail, and wholesale and retail pharmacies, as well as provides value-added services that include online consultation services and electronic prescription services to consumers.