Yatsen (NYSE:YSG) Sees Large Volume Increase – Here’s Why

Yatsen Holding Limited (NYSE:YSG) shares saw unusually-high trading volume on Friday . Approximately 81,936 shares traded hands during trading, a decline of 15% from the previous session’s volume of 96,683 shares.The stock last traded at $5.12 and had previously closed at $4.90.

Yatsen Trading Up 4.2 %

The company’s 50 day moving average is $3.52 and its 200 day moving average is $3.76. The stock has a market capitalization of $512.85 million, a price-to-earnings ratio of -4.68 and a beta of -2.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of YSG. Yiheng Capital Management L.P. purchased a new stake in shares of Yatsen in the fourth quarter valued at about $42,000. Bank of America Corp DE purchased a new position in Yatsen during the fourth quarter worth approximately $42,000. XTX Topco Ltd purchased a new position in Yatsen during the third quarter worth approximately $43,000. Marshall Wace LLP purchased a new stake in Yatsen during the 4th quarter worth $47,000. Finally, Public Employees Retirement System of Ohio grew its position in shares of Yatsen by 1,446.8% during the fourth quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company’s stock worth $51,000 after buying an additional 11,878 shares in the last quarter.

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.