Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Update

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 shares of the company are sold short. Based on an average daily volume of 89,408 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Scienjoy Stock Up 1.0%

Shares of Scienjoy stock traded up $0.01 during trading hours on Wednesday, reaching $0.97. 3,296 shares of the stock traded hands, compared to its average volume of 67,033. Scienjoy has a one year low of $0.45 and a one year high of $1.63. The firm has a market capitalization of $38.35 million, a price-to-earnings ratio of -0.50 and a beta of 0.89. The company has a 50 day moving average price of $1.04 and a 200 day moving average price of $1.12.

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

Institutional Investors Weigh In On Scienjoy

An institutional investor recently raised its stake in Scienjoy stock. Citadel Advisors LLC boosted its stake in shares of Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the 3rd quarter, according to its most recent Form 13F 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 period. Citadel Advisors LLC owned about 0.20% of Scienjoy worth $49,000 at the end of the most recent quarter. Institutional investors own 0.32% of the company’s stock.

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.