So-Young International Inc. Sponsored ADR (NASDAQ:SY) Short Interest Up 77.3% in February

So-Young International Inc. Sponsored ADR (NASDAQ:SY) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 893,385 shares, an increase of 77.3% from the January 29th total of 503,976 shares. Currently, 1.1% of the company’s stock 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 company’s stock are short sold.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SY. 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 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 issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $5.50.

So-Young International Stock Down 1.9%

Shares of So-Young International stock opened at $3.11 on Friday. So-Young International has a 12-month low of $0.67 and a 12-month high of $6.28. The stock has a 50 day moving average price of $2.94 and a two-hundred day moving average price of $3.34. The stock has a market capitalization of $313.64 million, a P/E ratio of -3.14 and a beta of 2.06.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Millennium Management LLC bought a new stake in So-Young International during the third quarter valued at about $123,000. JPMorgan Chase & Co. bought a new stake in So-Young International during the 3rd quarter valued at approximately $145,000. XTX Topco Ltd acquired a new stake in So-Young International in the 4th quarter valued at approximately $155,000. Mangrove Partners IM LLC bought a new position in So-Young International in the 4th quarter worth approximately $216,000. Finally, State Street Corp lifted its holdings in shares of So-Young International by 237.0% during the fourth quarter. State Street Corp now owns 183,641 shares of the company’s stock worth $470,000 after buying an additional 129,141 shares during the last quarter. 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.