It has a lot of character
You should be bored more often :-)
There is a special place in peoples hearts where the teddybear from ones childhood lives (mine was a panda).
I thought the bear looked a bit melancholy in between the smiles, and that worked great. It doesent need a big plot or a story as such. The image and music tell it just fine.
Im no expert, but only thing i would add are better shadows.
Added this to my favorites. I hope you make more!