111, Inc. (NASDAQ:YI) Sees Large Decline in Short Interest

111, Inc. (NASDAQ:YI) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 14,200 shares, a decrease of 83.4% from the December 31st total of 85,300 shares. Based on an average daily volume of 27,100 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 111 in a report on Saturday, January 18th.

111 Stock Up 2.4 %

111 stock traded up $0.13 on Thursday, hitting $5.68. The company’s stock had a trading volume of 26,441 shares, compared to its average volume of 55,787. The company has a fifty day moving average price of $6.58 and a 200-day moving average price of $7.86. The firm has a market cap of $486.10 million, a P/E ratio of -14.04 and a beta of 0.43. 111 has a one year low of $4.14 and a one year high of $15.80.

111 (NASDAQ:YI) last posted its earnings results on Wednesday, November 27th. The company reported ($0.20) EPS for the quarter.

About 111

111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.