Short Interest in Youxin Technology Ltd (NASDAQ:YAAS) Decreases By 60.9%

Youxin Technology Ltd (NASDAQ:YAAS) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 13,223 shares, a decrease of 60.9% from the December 31st total of 33,861 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 95,854 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 95,854 shares, the short-interest ratio is currently 0.1 days. Approximately 0.6% of the company’s stock are sold short.

Youxin Technology Price Performance

Youxin Technology stock opened at $1.39 on Friday. Youxin Technology has a fifty-two week low of $1.30 and a fifty-two week high of $560.00. The firm has a fifty day moving average price of $1.59 and a two-hundred day moving average price of $10.20.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on YAAS shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Youxin Technology in a research report on Wednesday, January 21st. Wall Street Zen raised Youxin Technology from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About Youxin Technology

Youxin Technogy Ltd. operates as an investment holding company. It is a software as a service and platform as a service provider. The firm develops, uses and controls business applications without the need to purchase complex information technology infrastructure. The company was founded by Sun Jin Hou and Lin Shao Zhang on October 21, 2022 and is headquartered in Guangzhou, China.