Short Interest in Youxin Technology Ltd (NASDAQ:YAAS) Expands By 81.3%

Youxin Technology Ltd (NASDAQ:YAAS) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 33,131 shares, an increase of 81.3% from the January 29th total of 18,270 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average trading volume of 57,124 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 57,124 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.4% of the shares of the company are sold short.

Institutional Trading of Youxin Technology

An institutional investor recently bought a new position in Youxin Technology stock. XTX Topco Ltd bought a new stake in shares of Youxin Technology Ltd (NASDAQ:YAAS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 19,151 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned approximately 0.82% of Youxin Technology as of its most recent filing with the Securities and Exchange Commission.

Youxin Technology Stock Down 5.6%

YAAS stock opened at $1.19 on Friday. The business’s 50-day moving average price is $1.48 and its 200-day moving average price is $5.34. Youxin Technology has a twelve month low of $1.17 and a twelve month high of $560.00.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Youxin Technology from a “sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Youxin Technology in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Youxin Technology Company Profile

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.