Short Interest in One Stop Systems, Inc. (NASDAQ:OSS) Rises By 137.5%

One Stop Systems, Inc. (NASDAQ:OSS) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 144,400 shares, a growth of 137.5% from the January 31st total of 60,800 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 231,400 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Alliance Global Partners raised One Stop Systems from a “neutral” rating to a “buy” rating and lifted their target price for the company from $3.25 to $4.50 in a research note on Wednesday, November 6th.

One Stop Systems Stock Performance

Shares of OSS traded down $0.01 during midday trading on Friday, hitting $3.14. 177,644 shares of the company traded hands, compared to its average volume of 298,141. The stock has a market cap of $66.30 million, a price-to-earnings ratio of -6.28 and a beta of 1.23. The firm has a 50 day moving average of $3.62 and a 200-day moving average of $2.81. One Stop Systems has a 52 week low of $1.82 and a 52 week high of $4.88.

Institutional Investors Weigh In On One Stop Systems

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd purchased a new stake in shares of One Stop Systems during the 4th quarter worth approximately $36,000. Wolverine Trading LLC bought a new position in shares of One Stop Systems in the fourth quarter worth about $37,000. Jane Street Group LLC purchased a new position in shares of One Stop Systems during the fourth quarter worth approximately $43,000. Sovereign Financial Group Inc. purchased a new position in One Stop Systems during the 4th quarter worth $59,000. Finally, Diametric Capital LP bought a new stake in shares of One Stop Systems in the fourth quarter valued at about $63,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.

About One Stop Systems

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.