One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Update

One Stop Systems, Inc. (NASDAQ:OSS) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 38,200 shares, a decrease of 19.4% from the September 15th total of 47,400 shares. Based on an average daily volume of 95,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Insider Transactions at One Stop Systems

In related news, Director Joseph M. Jr. Manko bought 50,000 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $1.94 per share, for a total transaction of $97,000.00. Following the completion of the purchase, the director now owns 1,149,899 shares of the company’s stock, valued at $2,230,804.06. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 13.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its holdings in One Stop Systems by 15.7% during the second quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock worth $147,000 after purchasing an additional 8,300 shares in the last quarter. Vanguard Group Inc. increased its position in shares of One Stop Systems by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock valued at $2,276,000 after purchasing an additional 13,036 shares during the period. Legato Capital Management LLC bought a new stake in shares of One Stop Systems in the 2nd quarter worth $35,000. Essex Investment Management Co. LLC lifted its holdings in shares of One Stop Systems by 24.3% in the third quarter. Essex Investment Management Co. LLC now owns 82,311 shares of the company’s stock valued at $197,000 after buying an additional 16,093 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new position in One Stop Systems during the second quarter valued at about $61,000. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Trading Down 6.9 %

NASDAQ:OSS traded down $0.18 during mid-day trading on Tuesday, hitting $2.41. The stock had a trading volume of 57,185 shares, compared to its average volume of 93,893. The company has a 50 day simple moving average of $2.24 and a 200-day simple moving average of $2.44. The stock has a market capitalization of $50.41 million, a price-to-earnings ratio of -6.51 and a beta of 1.27. One Stop Systems has a 52 week low of $1.79 and a 52 week high of $4.57.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). The business had revenue of $13.20 million for the quarter, compared to the consensus estimate of $13.00 million. One Stop Systems had a negative net margin of 14.41% and a negative return on equity of 13.22%. As a group, equities research analysts anticipate that One Stop Systems will post -0.26 earnings per share for the current year.

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.