One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Down 25.3% in November

One Stop Systems, Inc. (NASDAQ:OSS) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 18,300 shares, a drop of 25.3% from the October 31st total of 24,500 shares. Based on an average daily trading volume, of 99,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

One Stop Systems Trading Up 3.0 %

One Stop Systems stock traded up $0.07 during midday trading on Friday, hitting $2.37. The stock had a trading volume of 57,456 shares, compared to its average volume of 77,098. The stock has a market cap of $50.03 million, a P/E ratio of -4.74 and a beta of 1.28. The business has a fifty day moving average price of $2.38 and a 200 day moving average price of $2.31. One Stop Systems has a 12 month low of $1.79 and a 12 month high of $4.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in One Stop Systems by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock worth $2,276,000 after purchasing an additional 13,036 shares during the last quarter. Geode Capital Management LLC raised its position in shares of One Stop Systems by 6.6% in the third quarter. Geode Capital Management LLC now owns 181,954 shares of the company’s stock valued at $435,000 after purchasing an additional 11,262 shares during the period. Essex Investment Management Co. LLC lifted its stake 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 worth $197,000 after buying an additional 16,093 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of One Stop Systems by 15.7% during the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock worth $147,000 after buying an additional 8,300 shares during the period. Finally, Vontobel Holding Ltd. grew its stake in One Stop Systems by 120.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 33,000 shares of the company’s stock valued at $79,000 after buying an additional 18,000 shares during the last quarter. Institutional investors own 32.67% of the company’s stock.

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.