So-Young International Inc. Sponsored ADR (NASDAQ:SY) Sees Large Drop in Short Interest

So-Young International Inc. Sponsored ADR (NASDAQ:SY) was the target of a large decline in short interest in 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 shares of the company are short sold. Based on an average daily trading volume, of 635,306 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 635,306 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the shares of the company are short sold.

So-Young International Stock Performance

Shares of NASDAQ SY traded down $0.20 during midday trading on Friday, reaching $3.25. The company’s stock had a trading volume of 856,080 shares, compared to its average volume of 763,537. The company has a market cap of $327.76 million, a P/E ratio of -3.28 and a beta of 2.06. The business’s 50 day moving average price is $2.91 and its two-hundred day moving average price is $3.44. So-Young International has a fifty-two week low of $0.67 and a fifty-two week high of $6.28.

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On So-Young International

Hedge funds and other institutional investors have recently made changes to their positions in the company. KADENSA CAPITAL Ltd bought a new stake in shares of So-Young International during the 3rd quarter worth approximately $3,956,000. Citigroup Inc. lifted its stake in So-Young International by 1,301.9% during the third quarter. Citigroup Inc. now owns 675,121 shares of the company’s stock worth $2,613,000 after purchasing an additional 626,963 shares during the last quarter. HCEP Management Ltd bought a new stake in So-Young International during the third quarter worth $1,899,000. Nomura Holdings Inc. acquired a new stake in shares of So-Young International in the 3rd quarter valued at $1,265,000. Finally, Lighthouse Investment Partners LLC bought a new position in shares of So-Young International in the 3rd quarter valued at $1,105,000. 35.31% of the stock is currently owned by institutional investors and hedge funds.

So-Young International Company Profile

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.