Short Interest in Scienjoy Holding Corporation (NASDAQ:SJ) Drops By 90.8%

Scienjoy Holding Corporation (NASDAQ:SJ) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 3,229 shares, a drop of 90.8% from the November 30th total of 35,187 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 24,765 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 24,765 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Scienjoy Stock Up 4.5%

SJ traded up $0.03 during trading on Friday, hitting $0.68. The company’s stock had a trading volume of 55,595 shares, compared to its average volume of 36,890. The firm’s 50 day moving average price is $0.59 and its two-hundred day moving average price is $0.70. The stock has a market capitalization of $26.50 million, a price-to-earnings ratio of 13.56 and a beta of 0.86. Scienjoy has a 12 month low of $0.45 and a 12 month high of $1.16.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Scienjoy in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On Scienjoy

A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC lifted its stake in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,709 shares of the company’s stock after buying an additional 15,540 shares during the period. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.32% of the company’s stock.

Scienjoy Company Profile

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.