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

So-Young International Inc. Sponsored ADR (NASDAQ:SY) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 893,385 shares, a growth of 77.3% from the January 29th total of 503,976 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 948,410 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 948,410 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC purchased a new stake in So-Young International during the 4th quarter valued at approximately $33,000. XTX Topco Ltd bought a new position in shares of So-Young International during the fourth quarter worth $155,000. Millennium Management LLC grew its stake in So-Young International by 227.1% during the fourth quarter. Millennium Management LLC now owns 104,330 shares of the company’s stock valued at $267,000 after acquiring an additional 72,438 shares in the last quarter. Mangrove Partners IM LLC purchased a new position in So-Young International during the fourth quarter valued at $216,000. Finally, Verition Fund Management LLC bought a new stake in So-Young International in the 4th quarter valued at $97,000. 35.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

So-Young International Stock Performance

SY opened at $3.11 on Monday. The stock has a market cap of $313.64 million, a price-to-earnings ratio of -3.14 and a beta of 2.00. The firm’s fifty day moving average is $2.94 and its 200 day moving average is $3.32. So-Young International has a fifty-two week low of $0.67 and a fifty-two week high of $6.28.

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.