Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Update

Scienjoy Holding Corporation (NASDAQ:SJ) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 20,441 shares, a drop of 46.2% from the August 31st total of 38,017 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 83,906 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Scienjoy in a report on Friday, September 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Scienjoy Stock Performance

SJ stock traded up $0.01 during trading on Wednesday, hitting $0.69. The stock had a trading volume of 6,142 shares, compared to its average volume of 57,197. The stock has a market cap of $27.32 million, a price-to-earnings ratio of -0.35 and a beta of 0.89. The company’s 50 day moving average price is $0.87 and its two-hundred day moving average price is $1.03. Scienjoy has a 1-year low of $0.45 and a 1-year high of $1.63.

Scienjoy Company Profile

Scienjoy Holding Corporation (NASDAQ: SJ) is a China-based technology and entertainment company that operates online live-streaming and social networking platforms. Its services connect content creators, performers and viewers through interactive digital entertainment experiences.

The company’s platform offerings generally include live video and audio broadcasts, user interaction features, virtual gifting and related online entertainment services. Scienjoy also generates revenue through advertising and other platform-related activities, although the specific mix of services may change as the company develops its business.

Scienjoy’s operations have historically focused on the Chinese market and are conducted primarily through subsidiaries and affiliated technology businesses.