111, Inc. (NASDAQ:YI – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 9,400 shares, a drop of 34.7% from the July 15th total of 14,400 shares. Based on an average daily volume of 52,900 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in 111 stock. Tower Research Capital LLC TRC bought a new position in 111, Inc. (NASDAQ:YI – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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.
111 Trading Up 1.0 %
NASDAQ:YI opened at $0.98 on Friday. The stock has a market capitalization of $83.80 million, a P/E ratio of -1.58 and a beta of 0.49. 111 has a 1 year low of $0.90 and a 1 year high of $3.12. The firm has a 50 day moving average of $1.08 and a 200-day moving average of $1.19.
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.
Further Reading
- Five stocks we like better than 111
- When to Sell a Stock for Profit or Loss
- Michael Burry’s Alibaba Bet and the Broader Market Implications
- Do ETFs Pay Dividends? What You Need to Know
- Jeff Brown’s Exegesis AI Stock Picks
- How to buy stock: A step-by-step guide for beginnersÂ
- Warren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta Stock
Receive News & Ratings for 111 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 111 and related companies with MarketBeat.com's FREE daily email newsletter.