Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Update

Scienjoy Holding Corporation (NASDAQ:SJ) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 26,952 shares, an increase of 734.7% from the December 15th total of 3,229 shares. Based on an average daily volume of 42,830 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 42,830 shares, the short-interest ratio is presently 0.6 days.

Scienjoy Price Performance

SJ stock traded down $0.04 on Monday, reaching $0.76. 13,845 shares of the company traded hands, compared to its average volume of 42,834. The firm has a fifty day simple moving average of $0.64 and a 200-day simple moving average of $0.69. The company has a market cap of $29.70 million, a P/E ratio of 15.20 and a beta of 0.87. Scienjoy has a one year low of $0.45 and a one year high of $1.06.

Institutional Trading of Scienjoy

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Scienjoy in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About Scienjoy

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.