Short Interest in 111, Inc. (NASDAQ:YI) Declines By 56.3%

111, Inc. (NASDAQ:YI) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 32,600 shares, a decrease of 56.3% from the October 15th total of 74,600 shares. Based on an average daily volume of 304,300 shares, the days-to-cover ratio is currently 0.1 days.

111 Price Performance

Shares of NASDAQ:YI opened at $0.66 on Wednesday. The business’s 50 day moving average price is $0.76 and its 200-day moving average price is $0.97. 111 has a 1 year low of $0.55 and a 1 year high of $2.48. The firm has a market capitalization of $56.25 million, a price-to-earnings ratio of -1.22 and a beta of 0.39.

111 (NASDAQ:YI) last posted its quarterly earnings data on Thursday, August 29th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $471.21 million for 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.