So-Young International Inc. Sponsored ADR (NASDAQ:SY) Short Interest Up 85.0% in July

So-Young International Inc. Sponsored ADR (NASDAQ:SY) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 721,000 shares, anincreaseof85.0% from the June 30th total of 389,800 shares. Currently,1.0% of the company’s shares are sold short. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is currently 0.5 days. Currently,1.0% of the company’s shares are sold short.

So-Young International Stock Up 0.2%

NASDAQ:SY opened at $4.93 on Thursday. The company has a fifty day moving average of $10.41 and a 200 day moving average of $12.20. So-Young International has a 52 week low of $2.45 and a 52 week high of $36.45. The firm has a market capitalization of $500.09 million, a P/E ratio of -6.16 and a beta of 1.76.

So-Young International (NASDAQ:SY) last posted its quarterly earnings results on Friday, May 16th. The company reported ($0.60) EPS for the quarter, beating analysts’ consensus estimates of ($5.10) by $4.50. So-Young International had a negative net margin of 41.03% and a negative return on equity of 2.14%. The company had revenue of $40.95 million during the quarter, compared to analyst estimates of $293.76 million.

Institutional Inflows and Outflows

An institutional investor recently raised its position in So-Young International stock. Jane Street Group LLC raised its stake in shares of So-Young International Inc. Sponsored ADR (NASDAQ:SY) by 264.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,419 shares of the company’s stock after purchasing an additional 26,419 shares during the quarter. Jane Street Group LLC’s holdings in So-Young International were worth $30,000 at the end of the most recent reporting period. 35.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Citigroup upgraded shares of So-Young International from a “neutral” rating to a “buy” rating and set a $5.50 price objective for the company in a report on Tuesday, July 8th. Wall Street Zen upgraded shares of So-Young International to a “hold” rating in a report on Friday, July 18th.

So-Young International Company Profile

So-Young International Inc operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users medical aesthetic knowledge and experience to reach an informed medical aesthetic treatment decision and make reservations for treatment with medical professionals and medical aesthetic institutions; So-Young Beauty which provides similar interfaces and functions as the mobile app, as well as serves as additional access points to the platform; and medical aesthetic community content through its website soyoung.com.