111, Inc. (NASDAQ:YI) Short Interest Update

111, Inc. (NASDAQ:YI) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 13,000 shares, a growth of 132.1% from the June 15th total of 5,600 shares. Based on an average daily trading volume, of 31,900 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On 111

A hedge fund recently bought a new stake in 111 stock. Tower Research Capital LLC TRC purchased a new position in shares of 111, Inc. (NASDAQ:YI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,558 shares of the company’s stock, valued at approximately $29,000. Hedge funds and other institutional investors own 21.32% of the company’s stock.

111 Stock Up 14.9 %

YI stock traded up $0.16 during trading on Thursday, hitting $1.20. 899,026 shares of the company’s stock traded hands, compared to its average volume of 61,695. The business has a fifty day simple moving average of $1.14 and a two-hundred day simple moving average of $1.27. The firm has a market capitalization of $102.93 million, a P/E ratio of -1.69 and a beta of 0.49. 111 has a 1 year low of $0.97 and a 1 year high of $3.36.

111 (NASDAQ:YI) last issued its quarterly earnings data on Thursday, May 23rd. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $488.68 million during the quarter.

About 111

111, Inc, together with its subsidiaries, operates an integrated online and offline platform in the healthcare market in the People's Republic of China. It operates through two segments, B2C and B2B. The company sells medical and wellness products through online retail, and wholesale and retail pharmacies, as well as provides value-added services that include online consultation services and electronic prescription services to consumers.