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

So-Young International Inc. (NASDAQ:SY) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 21,300 shares, a decline of 43.4% from the September 30th total of 37,600 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 100,300 shares, the days-to-cover ratio is currently 0.2 days.

So-Young International Stock Performance

Shares of SY stock traded down $0.05 during trading on Friday, hitting $1.01. 32,454 shares of the company were exchanged, compared to its average volume of 84,981. The business’s 50-day simple moving average is $0.92 and its 200 day simple moving average is $1.03. So-Young International has a twelve month low of $0.69 and a twelve month high of $1.52. The firm has a market capitalization of $104.04 million, a price-to-earnings ratio of 50.25 and a beta of 0.91.

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

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “neutral” rating and issued a $0.80 price objective (down from $1.50) on shares of So-Young International in a research note on Monday, September 23rd.

About So-Young International

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.