Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Down 81.4% in May

Youxin Technology Ltd (NASDAQ:YAAS) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 64,301 shares, a decrease of 81.4% from the April 30th total of 344,800 shares. Based on an average trading volume of 168,917 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.8% of the company’s stock are sold short.

Institutional Investors Weigh In On Youxin Technology

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

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Youxin Technology in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Youxin Technology has an average rating of “Sell”.

Youxin Technology Trading Down 3.3%

Shares of NASDAQ YAAS traded down $0.03 during mid-day trading on Friday, reaching $0.87. The company had a trading volume of 32,356 shares, compared to its average volume of 123,551. Youxin Technology has a twelve month low of $0.75 and a twelve month high of $560.00. The stock’s 50 day moving average is $0.99 and its 200-day moving average is $1.28.

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.