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

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111, Inc. (NASDAQ:YI - Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 32,600 shares, a decline of 56.3% from the October 15th total of 74,600 shares. Based on an average trading volume of 304,300 shares, the short-interest ratio is presently 0.1 days.

111 Price Performance

YI stock traded up $0.02 during mid-day trading on Wednesday, reaching $0.68. 78,104 shares of the stock traded hands, compared to its average volume of 133,446. The stock's fifty day moving average is $0.76 and its 200-day moving average is $0.97. 111 has a 52-week low of $0.55 and a 52-week high of $2.48.

111 (NASDAQ:YI - Get Free Report) last issued its quarterly earnings results on Thursday, August 29th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $471.21 million during the quarter.

About 111

(Get Free Report)

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.

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