Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Down 18.9% in January

Scienjoy Holding Corporation (NASDAQ:SJ) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 25,441 shares, a decline of 18.9% from the January 15th total of 31,367 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 191,174 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 191,174 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Scienjoy Price Performance

Shares of NASDAQ:SJ traded up $0.01 during trading on Monday, reaching $1.19. 28,566 shares of the stock were exchanged, compared to its average volume of 129,956. Scienjoy has a 1-year low of $0.45 and a 1-year high of $1.58. The stock has a fifty day moving average of $0.91 and a two-hundred day moving average of $0.74. The firm has a market cap of $46.90 million, a price-to-earnings ratio of 23.80 and a beta of 0.89.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Scienjoy in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC lifted its holdings in shares of 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 (SEC). The institutional investor owned 76,709 shares of the company’s stock after acquiring 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. 0.32% of the stock is currently owned by institutional investors and hedge funds.

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.