Yatsen Holding Limited Sponsored ADR (NYSE:YSG) Sees Large Decrease in Short Interest

Yatsen Holding Limited Sponsored ADR (NYSE:YSGGet Free Report) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 106,028 shares, a decrease of 32.5% from the July 30th total of 157,003 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 93,368 shares, the short-interest ratio is currently 1.1 days.

Yatsen Price Performance

Shares of YSG stock opened at $2.67 on Wednesday. The business’s fifty day moving average price is $3.30 and its 200 day moving average price is $3.31. The firm has a market capitalization of $250.47 million, a PE ratio of -12.71 and a beta of -1.54. Yatsen has a 1-year low of $2.15 and a 1-year high of $10.70.

Hedge Funds Weigh In On Yatsen

Several hedge funds have recently bought and sold shares of YSG. New York State Common Retirement Fund purchased a new position in Yatsen in the 4th quarter valued at about $27,000. Persistent Asset Partners Ltd grew its holdings in shares of Yatsen by 106.6% during the fourth quarter. Persistent Asset Partners Ltd now owns 10,332 shares of the company’s stock worth $40,000 after buying an additional 5,332 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Yatsen during the fourth quarter worth about $42,000. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Yatsen in the fourth quarter valued at approximately $47,000. Finally, Virtu Financial LLC acquired a new position in shares of Yatsen in the fourth quarter valued at approximately $48,000.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Yatsen in a research report on Thursday, August 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Yatsen currently has a consensus rating of “Sell”.

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Yatsen Company Profile

(Get Free Report)

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.

Further Reading

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