Short Interest in Yatsen Holding Limited Sponsored ADR (NYSE:YSG) Declines By 16.6%
by Renee Jackson · The Cerbat GemYatsen Holding Limited Sponsored ADR (NYSE:YSG – Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 151,077 shares, a decline of 16.6% from the March 15th total of 181,088 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 194,893 shares, the short-interest ratio is presently 0.8 days.
Hedge Funds Weigh In On Yatsen
Several large investors have recently made changes to their positions in YSG. New York State Common Retirement Fund acquired a new stake in Yatsen during the fourth quarter valued at $27,000. Persistent Asset Partners Ltd increased its holdings in Yatsen by 106.6% in the fourth quarter. Persistent Asset Partners Ltd now owns 10,332 shares of the company’s stock valued at $40,000 after buying an additional 5,332 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Yatsen in 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 worth about $47,000. Finally, Virtu Financial LLC acquired a new position in shares of Yatsen in the fourth quarter worth about $48,000.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Yatsen in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Yatsen has an average rating of “Sell”.
View Our Latest Stock Analysis on Yatsen
Yatsen Price Performance
NYSE:YSG traded up $0.06 during mid-day trading on Friday, hitting $3.28. The company’s stock had a trading volume of 111,005 shares, compared to its average volume of 132,382. The business’s fifty day moving average is $3.70 and its two-hundred day moving average is $5.03. The stock has a market cap of $307.86 million, a price-to-earnings ratio of -25.23 and a beta of -1.76. Yatsen has a 1 year low of $2.87 and a 1 year high of $11.57.
Yatsen (NYSE:YSG – Get Free Report) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.00 earnings per share (EPS) for the quarter. Yatsen had a negative return on equity of 2.65% and a negative net margin of 1.87%.The business had revenue of $197.16 million during the quarter. Analysts anticipate that Yatsen will post -0.32 EPS for the current fiscal year.
About Yatsen
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.