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

So-Young International Inc. (NASDAQ:SY) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 75,000 shares, a growth of 233.3% from the August 15th total of 22,500 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 67,800 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of So-Young International

An institutional investor recently bought a new position in So-Young International stock. Superstring Capital Management LP acquired a new position in So-Young International Inc. (NASDAQ:SY) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 investment portfolio, making the stock its 24th biggest holding. Superstring Capital Management LP owned 0.75% of So-Young International as of its most recent filing with the Securities & Exchange Commission. 35.31% of the stock is owned by hedge funds and other institutional investors.

So-Young International Stock Performance

Shares of NASDAQ:SY traded down $0.04 during midday trading on Thursday, reaching $0.78. The company’s stock had a trading volume of 19,500 shares, compared to its average volume of 77,510. The firm has a market capitalization of $80.54 million, a price-to-earnings ratio of 40.97 and a beta of 0.90. The firm has a 50 day moving average price of $0.91 and a two-hundred day moving average price of $1.06. So-Young International has a fifty-two week low of $0.77 and a fifty-two week high of $1.52.

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.