111, Inc. (NASDAQ:YI) Short Interest Down 49.0% in April

111, Inc. (NASDAQ:YI) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 15,200 shares, a decrease of 49.0% from the March 31st total of 29,800 shares. Based on an average daily trading volume, of 65,600 shares, the days-to-cover ratio is presently 0.2 days.

111 Trading Up 2.0 %

Shares of 111 stock opened at $1.03 on Friday. The stock has a fifty day simple moving average of $1.23 and a 200 day simple moving average of $1.62. 111 has a 12-month low of $0.97 and a 12-month high of $3.36. The company has a market capitalization of $86.03 million, a P/E ratio of -1.56 and a beta of 0.38.

111 (NASDAQ:YI) last posted its quarterly earnings data on Thursday, March 21st. The company reported ($0.34) earnings per share for the quarter. The business had revenue of $578.69 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 111 stock. Tower Research Capital LLC TRC acquired a new position in 111, Inc. (NASDAQ:YI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,558 shares of the company’s stock, valued at approximately $29,000. Hedge funds and other institutional investors own 21.32% of the company’s stock.

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.