Short Interest in So-Young International Inc. Sponsored ADR (NASDAQ:SY) Decreases By 24.5%

So-Young International Inc. Sponsored ADR (NASDAQ:SY) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 503,976 shares, a decline of 24.5% from the January 15th total of 667,535 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 635,306 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 635,306 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On So-Young International

A number of hedge funds have recently added to or reduced their stakes in SY. Jane Street Group LLC lifted its holdings in shares of So-Young International by 264.2% during the 1st quarter. Jane Street Group LLC now owns 36,419 shares of the company’s stock valued at $30,000 after buying an additional 26,419 shares during the period. HRT Financial LP bought a new position in So-Young International in the fourth quarter valued at about $32,000. Marshall Wace LLP bought a new position in So-Young International in the fourth quarter valued at about $45,000. Dimensional Fund Advisors LP purchased a new position in So-Young International in the third quarter worth about $63,000. Finally, Verition Fund Management LLC bought a new stake in shares of So-Young International during the 4th quarter valued at about $97,000. 35.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SY shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of So-Young International in a research report on Monday, December 29th. Wall Street Zen upgraded shares of So-Young International from a “sell” rating to a “hold” rating in a research note on Saturday, December 20th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, So-Young International has a consensus rating of “Hold” and an average price target of $5.50.

So-Young International Price Performance

NASDAQ SY traded down $0.20 during trading hours on Monday, hitting $3.25. The company’s stock had a trading volume of 856,080 shares, compared to its average volume of 793,499. So-Young International has a 12 month low of $0.67 and a 12 month high of $6.28. The company’s 50 day simple moving average is $2.91 and its two-hundred day simple moving average is $3.43. The company has a market cap of $327.76 million, a P/E ratio of -3.28 and a beta of 2.06.

So-Young International (NASDAQ:SY) last announced its quarterly earnings results on Monday, November 17th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.24. So-Young International had a negative net margin of 51.26% and a negative return on equity of 10.07%. The firm had revenue of $54.30 million for the quarter, compared to the consensus estimate of $386.64 million.

About So-Young International

So-Young International Inc operates a leading digital marketplace and community platform focused on the medical aesthetic industry in China. Headquartered in Shanghai and founded in 2013, the company connects consumers seeking cosmetic treatments with a network of accredited clinics, licensed physicians and beauty service providers. Its online ecosystem offers a wealth of educational content, peer reviews and before-and-after galleries designed to help users make informed decisions about aesthetic procedures.

The company’s platform is accessible via web and mobile applications, where users can browse service packages, compare providers, read expert articles and schedule appointments directly through an integrated booking system.