One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Update

by · The Cerbat Gem

One Stop Systems, Inc. (NASDAQ:OSS – Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 198,200 shares, an increase of 43.3% from the March 15th total of 138,300 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 235,300 shares, the days-to-cover ratio is presently 0.8 days.

One Stop Systems Stock Performance

Shares of OSS traded up $0.10 during trading hours on Friday, hitting $2.12. The company had a trading volume of 67,149 shares, compared to its average volume of 127,522. One Stop Systems has a 52-week low of $1.82 and a 52-week high of $4.88. The firm has a fifty day moving average price of $2.76 and a 200-day moving average price of $2.86. The stock has a market capitalization of $43.08 million, a price-to-earnings ratio of -4.24 and a beta of 1.10.

One Stop Systems (NASDAQ:OSS – Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11). One Stop Systems had a negative net margin of 20.45% and a negative return on equity of 29.71%. The business had revenue of $2.38 million during the quarter, compared to the consensus estimate of $15.00 million. During the same period last year, the company posted $0.01 earnings per share. Research analysts anticipate that One Stop Systems will post -0.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Lake Street Capital raised shares of One Stop Systems from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 19th.

Check Out Our Latest Analysis on OSS

Institutional Trading of One Stop Systems

A number of large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its position in One Stop Systems by 4.5% in the 4th quarter. Renaissance Technologies LLC now owns 69,900 shares of the company’s stock worth $234,000 after purchasing an additional 3,000 shares during the period. Dimensional Fund Advisors LP raised its position in One Stop Systems by 22.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 27,355 shares of the company’s stock worth $92,000 after acquiring an additional 5,098 shares during the period. Geode Capital Management LLC grew its position in shares of One Stop Systems by 4.5% during the 4th quarter. Geode Capital Management LLC now owns 190,217 shares of the company’s stock valued at $637,000 after acquiring an additional 8,263 shares during the period. Wolverine Trading LLC purchased a new position in shares of One Stop Systems during the 4th quarter valued at about $37,000. Finally, XTX Topco Ltd purchased a new stake in One Stop Systems in the 4th quarter worth approximately $36,000. 32.67% of the stock is currently owned by institutional investors.

About One Stop Systems

(Get Free Report)

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.

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