Short Interest in One Stop Systems, Inc. (NASDAQ:OSS) Declines By 44.2%

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 181,698 shares, a decrease of 44.2% from the November 30th total of 325,388 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 695,299 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 695,299 shares, the short-interest ratio is presently 0.3 days. Currently, 0.9% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on OSS shares. Roth Capital lifted their price objective on shares of One Stop Systems from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of One Stop Systems in a research note on Wednesday, October 8th. Industrial Alliance Securities set a $8.50 price objective on One Stop Systems in a research report on Wednesday, November 5th. Finally, Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a report on Wednesday, November 5th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, One Stop Systems presently has an average rating of “Moderate Buy” and an average price target of $7.50.

One Stop Systems Stock Down 0.6%

Shares of NASDAQ OSS traded down $0.04 during midday trading on Friday, reaching $7.19. The company had a trading volume of 369,793 shares, compared to its average volume of 581,207. The stock has a market cap of $176.23 million, a PE ratio of -22.47 and a beta of 1.09. One Stop Systems has a one year low of $1.85 and a one year high of $7.92. The firm’s fifty day moving average price is $5.91 and its 200-day moving average price is $5.50.

One Stop Systems (NASDAQ:OSS) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $18.76 million for the quarter, compared to analysts’ expectations of $16.24 million. One Stop Systems had a negative return on equity of 26.14% and a negative net margin of 11.47%. As a group, equities research analysts expect that One Stop Systems will post -0.52 EPS for the current year.

Institutional Investors Weigh In On One Stop Systems

A number of large investors have recently added to or reduced their stakes in OSS. Arrowstreet Capital Limited Partnership purchased a new position in shares of One Stop Systems in the third quarter valued at about $2,959,000. Marshall Wace LLP grew its stake in shares of One Stop Systems by 1,130.1% in the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock worth $1,691,000 after purchasing an additional 437,664 shares during the last quarter. Polar Asset Management Partners Inc. purchased a new position in One Stop Systems during the 3rd quarter valued at about $1,566,000. Jane Street Group LLC raised its position in One Stop Systems by 753.2% during the 2nd quarter. Jane Street Group LLC now owns 268,182 shares of the company’s stock valued at $952,000 after purchasing an additional 236,750 shares during the last quarter. Finally, AMH Equity Ltd purchased a new stake in One Stop Systems in the 3rd quarter worth approximately $1,072,000. Institutional investors own 32.67% of the company’s stock.

About One Stop Systems

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.