One Stop Systems, Inc. (NASDAQ:OSS – Get Free Report) was the target of a large growth in short interest in the month of 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. Based on an average trading volume of 231,400 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.9% of the shares of the company are short sold.
One Stop Systems Stock Performance
Shares of OSS opened at $3.14 on Monday. The stock has a market capitalization of $66.30 million, a P/E ratio of -6.28 and a beta of 1.23. The company’s fifty day moving average is $3.62 and its two-hundred day moving average is $2.81. One Stop Systems has a 1 year low of $1.82 and a 1 year high of $4.88.
Analysts Set New Price Targets
Separately, Alliance Global Partners raised shares of 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 report on Wednesday, November 6th.
Hedge Funds Weigh In On One Stop Systems
Several institutional investors have recently bought and sold shares of OSS. Geode Capital Management LLC increased its stake in One Stop Systems by 6.6% in the 3rd quarter. Geode Capital Management LLC now owns 181,954 shares of the company’s stock valued at $435,000 after buying an additional 11,262 shares during the period. Sovereign Financial Group Inc. acquired a new position in One Stop Systems in the 4th quarter valued at $59,000. Bard Associates Inc. grew its stake in shares of One Stop Systems by 2.5% during the 4th 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 period. Virtu Financial LLC acquired a new position in shares of One Stop Systems during the 4th quarter worth $72,000. Finally, Diametric Capital LP acquired a new position in shares of One Stop Systems during the 4th quarter worth $63,000. 32.67% of the stock is owned by institutional investors and hedge funds.
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.
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