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

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a large drop in short interest during the month of 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 99,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On One Stop Systems

Hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC raised its stake in One Stop Systems by 15.7% during the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock valued at $147,000 after acquiring an additional 8,300 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of One Stop Systems by 6.6% during the third quarter. Geode Capital Management LLC now owns 181,954 shares of the company’s stock worth $435,000 after purchasing an additional 11,262 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of One Stop Systems by 1.9% during the first 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 period. Legato Capital Management LLC purchased a new position in One Stop Systems in the 2nd quarter valued at $35,000. Finally, Essex Investment Management Co. LLC increased its stake in One Stop Systems by 24.3% in the 3rd 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. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Trading Up 6.1 %

OSS stock traded up $0.14 on Friday, hitting $2.44. The company’s stock had a trading volume of 32,355 shares, compared to its average volume of 90,431. One Stop Systems has a 1 year low of $1.79 and a 1 year high of $4.57. The stock has a market cap of $51.51 million, a price-to-earnings ratio of -4.60 and a beta of 1.28. The firm has a 50 day moving average of $2.38 and a two-hundred day moving average of $2.31.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners raised shares of One Stop Systems from a “neutral” rating to a “buy” rating and boosted their price target for the company 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.