Yatsen Holding Limited (NYSE:YSG) Sees Large Increase in Short Interest

Yatsen Holding Limited (NYSE:YSG) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 662,100 shares, a growth of 20.3% from the March 31st total of 550,200 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 391,600 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Investors Weigh In On Yatsen

A number of hedge funds have recently added to or reduced their stakes in YSG. Lansdowne Partners UK LLP purchased a new position in shares of Yatsen in the 3rd quarter worth $1,217,000. Helios Capital Management PTE. Ltd. purchased a new stake in Yatsen during the fourth quarter valued at $732,000. Finally, California Public Employees Retirement System lifted its holdings in Yatsen by 14.2% in the fourth quarter. California Public Employees Retirement System now owns 511,730 shares of the company’s stock valued at $374,000 after acquiring an additional 63,646 shares during the period.

Yatsen Stock Performance

Shares of NYSE:YSG opened at $4.37 on Wednesday. The firm has a market cap of $470.69 million, a price-to-earnings ratio of -4.37 and a beta of -2.19. The business has a 50-day simple moving average of $2.91 and a two-hundred day simple moving average of $3.49. Yatsen has a fifty-two week low of $1.99 and a fifty-two week high of $6.65.

Yatsen (NYSE:YSG) last announced its quarterly earnings results on Wednesday, March 6th. The company reported ($0.20) EPS for the quarter. The company had revenue of $151.09 million during the quarter. Yatsen had a negative return on equity of 7.97% and a negative net margin of 21.70%. As a group, research analysts predict that Yatsen will post -0.01 earnings per share for the current year.

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.