Yatsen Holding Limited Sponsored ADR (NYSE:YSG) Short Interest Update

Key Points

• Short interest in Yatsen Holding Limited increased by 568.3% in July, reaching a total of 703,700 shares, which equates to 1.2% of the company's shares sold short.
• Analysts have downgraded Yatsen's stock rating from "buy" to "hold" as part of a recent report.
• Yatsen reported a net loss of ($0.01) EPS for the last quarter, with a market capitalization of approximately $798.63 million.

Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 703,700 shares, anincreaseof568.3% from the June 30th total of 105,300 shares. Approximately1.2% of the shares of the company are sold short. Based on an average trading volume of 493,600 shares, the days-to-cover ratio is currently 1.4 days. Based on an average trading volume of 493,600 shares, the days-to-cover ratio is currently 1.4 days. Approximately1.2% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Yatsen from a "buy" rating to a "hold" rating in a report on Saturday.

Yatsen Trading Down 2.8%

Shares of NYSE:YSG traded down $0.25 on Friday, reaching $8.66. 198,727 shares of the company's stock were exchanged, compared to its average volume of 588,929. The company has a fifty day moving average of $8.67 and a 200-day moving average of $5.72. Yatsen has a twelve month low of $3.01 and a twelve month high of $11.57. The company has a market capitalization of $798.63 million, a price-to-earnings ratio of -10.31 and a beta of -2.11.

Yatsen (NYSE:YSG - Get Free Report) last announced its earnings results on Friday, May 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. Yatsen had a negative return on equity of 17.36% and a negative net margin of 17.03%. The business had revenue of $114.86 million for the quarter. As a group, equities research analysts forecast that Yatsen will post -0.32 EPS for the current fiscal year.

Yatsen declared that its Board of Directors has initiated a share buyback program on Friday, May 16th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in YSG. Jane Street Group LLC boosted its position in Yatsen by 113.8% in the fourth quarter. Jane Street Group LLC now owns 104,785 shares of the company's stock valued at $417,000 after buying an additional 55,766 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in Yatsen by 1,446.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock valued at $51,000 after buying an additional 11,878 shares in the last quarter. Barclays PLC boosted its position in Yatsen by 6.9% in the fourth quarter. Barclays PLC now owns 174,156 shares of the company's stock valued at $693,000 after buying an additional 11,187 shares in the last quarter. Marshall Wace LLP acquired a new stake in Yatsen in the fourth quarter valued at approximately $47,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Yatsen in the fourth quarter valued at approximately $188,000.

About Yatsen

Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.