Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Update

Youxin Technology Ltd (NASDAQ:YAAS) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 64,938 shares, a growth of 359.3% from the August 15th total of 14,139 shares. Currently, 7.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,607,450 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Youxin Technology in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Youxin Technology has a consensus rating of “Sell”.

Institutional Investors Weigh In On Youxin Technology

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

Youxin Technology Stock Performance

YAAS stock opened at $1.50 on Friday. Youxin Technology has a 1-year low of $0.56 and a 1-year high of $11.84. The business has a 50 day simple moving average of $2.90 and a two-hundred day simple moving average of $4.19.

Youxin Technology (NASDAQ:YAAS) last released its quarterly earnings data on Thursday, August 27th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $0.94 million for the quarter.

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.