Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Update

Youxin Technology Ltd (NASDAQ:YAAS) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 64,938 shares, a growth of 359.3% from the August 15th total of 14,139 shares. Based on an average daily trading volume, of 2,607,450 shares, the short-interest ratio is currently 0.0 days. Currently, 7.1% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Youxin Technology in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Youxin Technology Price Performance

NASDAQ YAAS opened at $1.50 on Friday. The business’s 50 day moving average price is $2.90 and its 200-day moving average price is $4.19. Youxin Technology has a fifty-two week low of $0.56 and a fifty-two week high of $11.84.

Youxin Technology (NASDAQ:YAAS) last released its quarterly earnings results on Thursday, August 27th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $0.94 million during the quarter.

Institutional Investors Weigh In On Youxin Technology

An institutional investor recently bought a new stake in Youxin Technology stock. XTX Topco Ltd purchased a new position in shares of Youxin Technology Ltd (NASDAQ:YAAS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 quarter.

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.