111, Inc. (NASDAQ:YI – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 85,300 shares, an increase of 167.4% from the December 15th total of 31,900 shares. Based on an average daily trading volume, of 216,500 shares, the short-interest ratio is presently 0.4 days.
111 Trading Down 3.4 %
Shares of YI stock opened at $0.45 on Thursday. The company has a market capitalization of $38.48 million, a price-to-earnings ratio of -1.12 and a beta of 0.43. 111 has a 1-year low of $0.41 and a 1-year high of $1.64. The stock’s fifty day simple moving average is $0.69 and its 200-day simple moving average is $0.83.
111’s stock is scheduled to reverse split before the market opens on Friday, January 24th. The 1-10 reverse split was announced on Wednesday, January 8th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, January 23rd.
About 111
111, Inc engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through the B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies.
Featured Articles
- Five stocks we like better than 111
- How to Use Stock Screeners to Find Stocks
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- What Are Treasury Bonds?
- How Do Stock Buybacks Affect Shareholders?
- Insider Selling Explained: Can it Inform Your Investing Choices?
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Receive News & Ratings for 111 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 111 and related companies with MarketBeat.com's FREE daily email newsletter.
