Yatsen Holding Limited Sponsored ADR (NYSE:YSG) Sees Significant Growth in Short Interest

Key Points

• Yatsen Holding Limited experienced a significant increase in short interest, rising by 128.8% to 1,610,000 shares as of July 31.
• Institutional investors are actively engaging with Yatsen, with notable stakes acquired in the fourth quarter, including a 1,446.8% increase in holdings by the Public Employees Retirement System of Ohio.
• The company's stock is currently trading at $9.45, showing a slight decline of 0.5%, and holds a market cap of approximately $871.47 million amid a challenging financial performance.

Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,610,000 shares, anincreaseof128.8% from the July 15th total of 703,700 shares. Based on an average daily trading volume, of 553,700 shares, the short-interest ratio is currently 2.9 days. Approximately2.7% of the company's stock are sold short. Approximately2.7% of the company's stock are sold short. Based on an average daily trading volume, of 553,700 shares, the short-interest ratio is currently 2.9 days.

Institutional Investors Weigh In On Yatsen

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE bought a new stake in Yatsen during the fourth quarter valued at approximately $42,000. Marshall Wace LLP bought a new stake in Yatsen during the fourth quarter valued at approximately $47,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Yatsen by 1,446.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock worth $51,000 after acquiring an additional 11,878 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Yatsen by 22.8% in the 4th quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company's stock worth $74,000 after acquiring an additional 3,435 shares during the last quarter. Finally, Jump Financial LLC bought a new stake in shares of Yatsen in the 1st quarter worth approximately $85,000.

Yatsen Stock Down 0.5%

YSG traded down $0.05 during trading on Friday, hitting $9.45. 1,065,913 shares of the company's stock were exchanged, compared to its average volume of 496,598. The business's 50 day moving average is $9.37 and its two-hundred day moving average is $6.11. Yatsen has a fifty-two week low of $3.01 and a fifty-two week high of $11.57. The stock has a market cap of $871.47 million, a P/E ratio of -11.25 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) EPS for the quarter. Yatsen had a negative net margin of 17.03% and a negative return on equity of 17.36%. The firm had revenue of $114.86 million during the quarter. On average, sell-side analysts forecast that Yatsen will post -0.32 earnings per share for the current year.

Yatsen announced that its board has initiated a share repurchase program on Friday, May 16th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Yatsen from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd.

Yatsen Company Profile

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.

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