Scienjoy Holding Co. (NASDAQ:SJ) Sees Large Decrease in Short Interest

Scienjoy Holding Co. (NASDAQ:SJ) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 10,500 shares, a decrease of 19.2% from the December 15th total of 13,000 shares. Based on an average daily volume of 39,900 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Scienjoy Stock Performance

Scienjoy stock traded down $0.05 during midday trading on Friday, reaching $0.85. The stock had a trading volume of 19,625 shares, compared to its average volume of 64,034. The firm’s fifty day simple moving average is $0.96 and its 200-day simple moving average is $0.96. The stock has a market capitalization of $32.74 million, a P/E ratio of 5.31 and a beta of 1.05. Scienjoy has a 1-year low of $0.66 and a 1-year high of $3.48.

About Scienjoy

Scienjoy Holding Corporation provides mobile live streaming platforms in the People's Republic of China. The company focuses on interactive show live streaming from broadcasters to users. Its platforms enable users to view and interact with broadcasters through online chat, virtual items, and playing games.