Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Up 16.1% in February

Scienjoy Holding Corporation (NASDAQ:SJ) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 30,426 shares, an increase of 16.1% from the February 12th total of 26,202 shares. Based on an average daily volume of 28,751 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 28,751 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

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

Scienjoy Price Performance

SJ opened at $1.53 on Wednesday. The stock’s 50 day simple moving average is $1.18 and its 200 day simple moving average is $0.81. The firm has a market cap of $60.30 million, a price-to-earnings ratio of 30.61 and a beta of 0.91. Scienjoy has a 1 year low of $0.45 and a 1 year high of $1.58.

Wall Street Analyst Weigh In

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