Yunji Inc. Sponsored ADR (NASDAQ:YJ) Short Interest Up 183.1% in August

Yunji Inc. Sponsored ADR (NASDAQ:YJ) was the target of a significant 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 shares of the stock are short sold. Based on an average daily volume of 13,153,626 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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

Yunji Stock Performance

Shares of YJ opened at $2.10 on Tuesday. Yunji has a one year low of $1.11 and a one year high of $13.97. The stock has a market capitalization of $10.35 million, a price-to-earnings ratio of -0.62 and a beta of 0.40. The stock has a 50 day moving average price of $1.96 and a 200 day moving average price of $1.76.

Yunji (NASDAQ:YJ) last announced its quarterly earnings data on Thursday, August 20th. The company reported ($1.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.87). The business had revenue of $7.09 million during the quarter, compared to the consensus estimate of $16.83 million.

Yunji Company Profile

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.