Scienjoy Holding Corporation (NASDAQ:SJ) Sees Large Decline in Short Interest

Scienjoy Holding Corporation (NASDAQ:SJ) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 4,073 shares, a decrease of 47.5% from the June 15th total of 7,759 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 89,408 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Scienjoy from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its position in Scienjoy stock. Citadel Advisors LLC increased its position in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,709 shares of the company’s stock after purchasing an additional 15,540 shares during the period. Citadel Advisors LLC owned approximately 0.20% of Scienjoy worth $49,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.32% of the company’s stock.

Scienjoy Trading Down 6.5%

SJ traded down $0.06 during midday trading on Thursday, reaching $0.86. The company’s stock had a trading volume of 2,795 shares, compared to its average volume of 66,561. Scienjoy has a 1 year low of $0.45 and a 1 year high of $1.63. The stock’s 50-day moving average is $1.03 and its 200-day moving average is $1.12. The firm has a market capitalization of $34.00 million, a price-to-earnings ratio of -0.44 and a beta of 0.89.

Scienjoy (NASDAQ:SJ) last released its earnings results on Thursday, May 21st. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $40.99 million during the quarter. Scienjoy had a negative net margin of 46.33% and a negative return on equity of 63.91%.

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.