Short Interest in Youxin Technology Ltd (NASDAQ:YAAS) Grows By 633.6%

Youxin Technology Ltd (NASDAQ:YAAS) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 344,800 shares, a growth of 633.6% from the April 15th total of 47,003 shares. Approximately 14.8% of the company’s stock are sold short. Based on an average daily trading volume, of 16,669,172 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Youxin Technology

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Youxin Technology in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Youxin Technology Stock Performance

Shares of NASDAQ YAAS opened at $0.84 on Tuesday. The firm has a 50 day moving average of $1.03 and a 200 day moving average of $1.41. Youxin Technology has a 12-month low of $0.75 and a 12-month high of $560.00.

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.