Short Interest in 111, Inc. (NASDAQ:YI) Drops By 83.4%

111, Inc. (NASDAQ:YI) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 14,200 shares, a drop of 83.4% from the December 31st total of 85,300 shares. Based on an average trading volume of 27,100 shares, the days-to-cover ratio is currently 0.5 days.

111 Price Performance

Shares of NASDAQ:YI opened at $5.82 on Friday. The firm has a market capitalization of $49.76 million, a PE ratio of -1.46 and a beta of 0.43. The business has a 50 day simple moving average of $6.57 and a two-hundred day simple moving average of $7.81. 111 has a 1 year low of $4.14 and a 1 year high of $15.80.

111 (NASDAQ:YI) last posted its quarterly earnings results on Wednesday, November 27th. The company reported ($0.20) EPS for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of 111 in a report on Saturday, January 18th.

111 Company Profile

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.