One Stop Systems, Inc. (NASDAQ:OSS) Sees Large Increase in Short Interest

One Stop Systems, Inc. (NASDAQ:OSSGet Free Report) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 2,428,852 shares, a growth of 24.8% from the January 15th total of 1,946,653 shares. Based on an average daily volume of 3,116,173 shares, the days-to-cover ratio is currently 0.8 days. Currently, 11.5% of the shares of the stock are short sold. Currently, 11.5% of the shares of the stock are short sold. Based on an average daily volume of 3,116,173 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of One Stop Systems

Institutional investors have recently modified their holdings of the company. AMH Equity Ltd acquired a new position in One Stop Systems during the third quarter valued at approximately $1,072,000. Millennium Management LLC acquired a new position in shares of One Stop Systems during the 3rd quarter valued at $112,000. Occudo Quantitative Strategies LP purchased a new stake in One Stop Systems during the 3rd quarter worth $196,000. Hudson Bay Capital Management LP acquired a new stake in One Stop Systems in the 4th quarter valued at $235,000. Finally, Dimensional Fund Advisors LP increased its holdings in One Stop Systems by 22.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 46,925 shares of the company’s stock valued at $252,000 after purchasing an additional 8,554 shares in the last quarter. Hedge funds and other institutional investors own 32.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of One Stop Systems in a report on Thursday, January 22nd. Roth Mkm reaffirmed a “buy” rating and issued a $9.00 target price on shares of One Stop Systems in a research note on Monday, January 5th. iA Financial set a $9.00 price target on One Stop Systems in a research note on Monday, January 5th. Lake Street Capital restated a “buy” rating on shares of One Stop Systems in a report on Wednesday, December 31st. Finally, Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a research note on Monday, January 5th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $8.00.

Read Our Latest Stock Report on OSS

One Stop Systems Stock Down 4.8%

OSS stock opened at $8.28 on Wednesday. The company has a market cap of $202.98 million, a price-to-earnings ratio of -25.87 and a beta of 0.97. The business has a fifty day simple moving average of $8.76 and a 200-day simple moving average of $6.72. One Stop Systems has a 52 week low of $1.85 and a 52 week high of $12.75.

About One Stop Systems

(Get Free Report)

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.

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