One Stop Systems, Inc. (NASDAQ:OSS) Sees Large Decrease in Short Interest

One Stop Systems, Inc. (NASDAQ:OSSGet Free Report) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,461,898 shares, a decrease of 39.8% from the January 29th total of 2,428,852 shares. Approximately 6.9% of the company’s shares are short sold. Based on an average daily volume of 1,738,433 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 1,738,433 shares, the short-interest ratio is presently 0.8 days. Approximately 6.9% of the company’s shares are short sold.

Hedge Funds Weigh In On One Stop Systems

Large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC purchased a new stake in One Stop Systems during the fourth quarter worth $29,000. Marex Group plc purchased a new stake in shares of One Stop Systems during the 2nd quarter worth $36,000. Granite Investment Partners LLC bought a new stake in One Stop Systems during the second quarter valued at about $39,000. FNY Investment Advisers LLC bought a new stake in One Stop Systems during the fourth quarter valued at about $46,000. Finally, Walleye Capital LLC purchased a new position in One Stop Systems in the second quarter valued at about $46,000. Institutional investors own 32.67% of the company’s stock.

One Stop Systems Stock Down 9.5%

Shares of OSS stock traded down $0.87 on Friday, hitting $8.26. The stock had a trading volume of 1,651,920 shares, compared to its average volume of 1,706,882. One Stop Systems has a one year low of $1.85 and a one year high of $12.75. The business has a 50 day moving average price of $9.06 and a 200 day moving average price of $6.94. The company has a market cap of $202.45 million, a PE ratio of -25.81 and a beta of 0.91.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on OSS. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research report on Monday, January 5th. Lake Street Capital reiterated a “buy” rating on shares of One Stop Systems in a research note on Wednesday, December 31st. Roth Mkm reissued a “buy” rating and set a $9.00 target price on shares of One Stop Systems in a research note on Monday, January 5th. iA Financial set a $9.00 price target on shares of One Stop Systems in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of One Stop Systems in a research report on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $8.00.

Read Our Latest Report on OSS

One Stop Systems Company Profile

(Get Free Report)

One Stop Systems, Inc (NASDAQ: OSS) develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company’s solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company’s product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.

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