Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Down 90.8% in December

Scienjoy Holding Corporation (NASDAQ:SJ) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 3,229 shares, a decline of 90.8% from the November 30th total of 35,187 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 24,765 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 24,765 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Scienjoy Stock Performance

Shares of NASDAQ SJ opened at $0.68 on Thursday. The stock’s 50-day simple moving average is $0.58 and its 200-day simple moving average is $0.70. The firm has a market capitalization of $26.73 million, a PE ratio of 13.68 and a beta of 0.86. Scienjoy has a fifty-two week low of $0.45 and a fifty-two week high of $1.16.

Institutional Trading of Scienjoy

A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC lifted its stake in Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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. Hedge funds and other institutional investors own 0.32% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Scienjoy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently 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.