So-Young International Inc. (NASDAQ:SY) Short Interest Update

So-Young International Inc. (NASDAQ:SY) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 22,600 shares, a drop of 69.9% from the August 31st total of 75,000 shares. Based on an average trading volume of 69,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “neutral” rating and issued a $0.80 price target (down from $1.50) on shares of So-Young International in a research report on Monday.

So-Young International Stock Up 8.4 %

Shares of NASDAQ:SY traded up $0.07 during trading on Friday, reaching $0.90. 350,602 shares of the company traded hands, compared to its average volume of 78,774. The firm has a market capitalization of $93.17 million, a PE ratio of 47.50 and a beta of 0.90. So-Young International has a 52 week low of $0.69 and a 52 week high of $1.52. The company’s 50 day moving average is $0.86 and its two-hundred day moving average is $1.03.

So-Young International (NASDAQ:SY) last posted its quarterly earnings data on Friday, August 23rd. The company reported $0.02 earnings per share for the quarter. The business had revenue of $56.06 million during the quarter. So-Young International had a net margin of 2.23% and a return on equity of 1.32%.

Institutional Trading of So-Young International

A hedge fund recently bought a new stake in So-Young International stock. Superstring Capital Management LP bought a new position in So-Young International Inc. (NASDAQ:SY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 796,059 shares of the company’s stock, valued at approximately $1,003,000. So-Young International comprises 0.7% of Superstring Capital Management LP’s portfolio, making the stock its 24th biggest holding. Superstring Capital Management LP owned approximately 0.75% of So-Young International as of its most recent SEC filing. Hedge funds and other institutional investors own 35.31% of the company’s stock.

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.