Short Interest in One Stop Systems, Inc. (NASDAQ:OSS) Rises By 857.5%

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,946,653 shares, a growth of 857.5% from the December 31st total of 203,309 shares. Approximately 9.2% of the shares of the company are short sold. Based on an average daily volume of 4,163,986 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 4,163,986 shares, the days-to-cover ratio is currently 0.5 days. Approximately 9.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

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

One Stop Systems Stock Up 3.9%

Shares of OSS stock traded up $0.39 on Tuesday, reaching $10.51. The company’s stock had a trading volume of 1,953,593 shares, compared to its average volume of 3,270,957. The company has a market capitalization of $257.60 million, a P/E ratio of -32.84 and a beta of 0.98. One Stop Systems has a 12-month low of $1.85 and a 12-month high of $12.75. The stock’s 50 day simple moving average is $7.72 and its 200-day simple moving average is $6.32.

One Stop Systems (NASDAQ:OSS) last posted its earnings results on Wednesday, November 5th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. One Stop Systems had a negative return on equity of 26.14% and a negative net margin of 11.47%.The business had revenue of $18.76 million during the quarter, compared to analysts’ expectations of $16.24 million. Research analysts expect that One Stop Systems will post -0.52 EPS for the current year.

Institutional Investors Weigh In On One Stop Systems

Hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in One Stop Systems by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 199,729 shares of the company’s stock worth $709,000 after buying an additional 1,837 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of One Stop Systems during the 4th quarter worth $46,000. Dimensional Fund Advisors LP grew its position in One Stop Systems by 22.3% in the third quarter. Dimensional Fund Advisors LP now owns 46,925 shares of the company’s stock worth $252,000 after acquiring an additional 8,554 shares in the last quarter. Marex Group plc purchased a new position in One Stop Systems in the second quarter worth $36,000. Finally, Granite Investment Partners LLC bought a new position in One Stop Systems in the second quarter valued at $39,000. 32.67% of the stock is currently owned by institutional investors.

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.