One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Update
by Jessica Moore · The Cerbat GemOne Stop Systems, Inc. (NASDAQ:OSS – Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,290,587 shares, a decline of 35.2% from the March 15th total of 1,992,549 shares. Approximately 5.8% of the shares of the company are short sold. Based on an average daily volume of 2,003,977 shares, the short-interest ratio is presently 0.6 days.
Institutional Trading of One Stop Systems
Several institutional investors and hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership acquired a new position in shares of One Stop Systems in the 3rd quarter valued at $2,959,000. Marshall Wace LLP grew its position in One Stop Systems by 1,130.1% during the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock valued at $1,691,000 after buying an additional 437,664 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in One Stop Systems during the third quarter valued at $1,566,000. Jane Street Group LLC grew its position in One Stop Systems by 85.2% during the fourth quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock valued at $4,335,000 after buying an additional 277,763 shares during the period. Finally, AMH Equity Ltd acquired a new stake in One Stop Systems during the third quarter valued at $1,072,000. 32.67% of the stock is currently owned by institutional investors and hedge funds.
One Stop Systems Trading Down 1.1%
NASDAQ OSS traded down $0.10 on Tuesday, hitting $8.76. 917,948 shares of the company’s stock traded hands, compared to its average volume of 1,647,547. One Stop Systems has a 1-year low of $1.98 and a 1-year high of $12.75. The firm’s 50-day moving average price is $8.83 and its two-hundred day moving average price is $7.58. The firm has a market capitalization of $216.72 million, a PE ratio of 48.67 and a beta of 0.95.
Wall Street Analyst Weigh In
Several analysts have weighed in on the stock. Roth Mkm reissued a “buy” rating and set a $9.00 target price on shares of One Stop Systems in a research report on Monday, January 5th. Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a research report on Monday, January 5th. iA Financial set a $9.00 price objective on shares of One Stop Systems in a research note on Monday, January 5th. Lake Street Capital lifted their price objective on shares of One Stop Systems from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Weiss Ratings upgraded shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.00.
Read Our Latest Report on One Stop Systems
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.