Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Up 239.6% in June

Scienjoy Holding Corporation (NASDAQ:SJ) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 7,759 shares, a growth of 239.6% from the May 31st total of 2,285 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 88,189 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Scienjoy

A hedge fund recently raised its position 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 13F filing with the SEC. The firm owned 76,709 shares of the company’s stock after buying 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 quarter. 0.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Scienjoy Price Performance

Shares of Scienjoy stock traded up $0.06 during trading hours on Monday, reaching $1.00. The company’s stock had a trading volume of 5,156 shares, compared to its average volume of 68,751. The firm has a 50 day moving average price of $1.09 and a 200-day moving average price of $1.09. The stock has a market cap of $39.66 million, a P/E ratio of -0.51 and a beta of 0.81. Scienjoy has a one year low of $0.45 and a one year high of $1.63.

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

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.