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

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a significant 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. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 231,400 shares, the days-to-cover ratio is presently 0.6 days.

One Stop Systems Stock Down 0.3 %

OSS stock opened at $3.14 on Friday. One Stop Systems has a twelve month low of $1.82 and a twelve month high of $4.88. The stock has a market capitalization of $66.30 million, a price-to-earnings ratio of -6.28 and a beta of 1.23. The firm’s fifty day simple moving average is $3.62 and its two-hundred day simple moving average is $2.79.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Bard Associates Inc. grew its holdings in shares of One Stop Systems by 2.5% in the fourth quarter. Bard Associates Inc. now owns 1,044,697 shares of the company’s stock worth $3,500,000 after purchasing an additional 25,186 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of One Stop Systems by 4.5% in the fourth quarter. Geode Capital Management LLC now owns 190,217 shares of the company’s stock worth $637,000 after purchasing an additional 8,263 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of One Stop Systems by 4.5% in the fourth 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 last quarter. Millennium Management LLC bought a new position in shares of One Stop Systems in the fourth quarter worth about $142,000. Finally, Two Sigma Securities LLC bought a new position in shares of One Stop Systems in the fourth quarter worth about $109,000. Institutional investors own 32.67% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners upgraded shares of One Stop Systems from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $3.25 to $4.50 in a research report on Wednesday, November 6th.

One Stop Systems Company Profile

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.