Scienjoy Holding Corporation (NASDAQ:SJ) Short Interest Up 16.1% in February

Scienjoy Holding Corporation (NASDAQ:SJ) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 30,426 shares, an increase of 16.1% from the February 12th total of 26,202 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 28,751 shares, the short-interest ratio is presently 1.1 days. Based on an average daily trading volume, of 28,751 shares, the short-interest ratio is presently 1.1 days. Approximately 0.1% of the company’s stock are sold short.

Scienjoy Trading Up 4.6%

NASDAQ SJ opened at $1.44 on Tuesday. The company has a market cap of $56.91 million, a P/E ratio of 28.89 and a beta of 0.91. The company has a fifty day simple moving average of $1.17 and a 200 day simple moving average of $0.81. Scienjoy has a 12-month low of $0.45 and a 12-month high of $1.58.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Scienjoy stock. Citadel Advisors LLC lifted its holdings in shares of Scienjoy Holding Corporation (NASDAQ:SJ) by 25.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,709 shares of the company’s stock after acquiring 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 reporting period. 0.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Scienjoy in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Scienjoy 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.