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

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 3,697,048 shares, an increase of 115.0% from the April 30th total of 1,719,422 shares. Approximately 15.5% of the company’s shares are sold short. Based on an average daily trading volume, of 3,365,761 shares, the short-interest ratio is presently 1.1 days.

One Stop Systems Price Performance

Shares of NASDAQ:OSS traded up $1.82 during midday trading on Monday, reaching $20.00. The company had a trading volume of 1,223,470 shares, compared to its average volume of 2,161,933. The stock’s fifty day moving average price is $11.61 and its 200-day moving average price is $9.39. The stock has a market capitalization of $494.80 million, a P/E ratio of 79.87 and a beta of 1.41. One Stop Systems has a one year low of $2.69 and a one year high of $20.07.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.06. The business had revenue of $8.07 million during the quarter, compared to analyst estimates of $6.98 million. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. As a group, sell-side analysts forecast that One Stop Systems will post -0.08 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on OSS shares. Zacks Research cut shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Weiss Ratings raised shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, March 23rd. Roth Mkm reissued a “buy” rating and set a $18.00 target price on shares of One Stop Systems in a research report on Wednesday, May 6th. Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th. Finally, Lake Street Capital boosted their target price on shares of One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.

Insider Buying and Selling at One Stop Systems

In other One Stop Systems news, Director David George Bassett sold 8,000 shares of One Stop Systems stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.64, for a total transaction of $141,120.00. Following the transaction, the director directly owned 24,984 shares of the company’s stock, valued at $440,717.76. The trade was a 24.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory W. Matz sold 8,000 shares of One Stop Systems stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $17.52, for a total transaction of $140,160.00. Following the transaction, the director directly owned 78,914 shares in the company, valued at approximately $1,382,573.28. This trade represents a 9.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 21,000 shares of company stock valued at $369,380 over the last ninety days. Corporate insiders own 3.90% of the company’s stock.

Institutional Trading of One Stop Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in OSS. Arrowstreet Capital Limited Partnership bought a new stake in shares of One Stop Systems in the third quarter worth $2,959,000. Marshall Wace LLP increased its stake in One Stop Systems by 1,130.1% during the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock valued at $1,691,000 after purchasing an additional 437,664 shares during the last quarter. Polar Asset Management Partners Inc. bought a new stake in One Stop Systems during the third quarter valued at $1,566,000. Jane Street Group LLC increased its stake in One Stop Systems by 85.2% during the fourth quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock valued at $4,335,000 after purchasing an additional 277,763 shares during the last quarter. Finally, Trexquant Investment LP increased its stake in One Stop Systems by 177.3% during the fourth quarter. Trexquant Investment LP now owns 256,810 shares of the company’s stock valued at $1,844,000 after purchasing an additional 164,189 shares during the last quarter. Institutional investors own 32.67% of the company’s stock.

One Stop Systems Company Profile

One Stop Systems, Inc (NASDAQ: OSS) develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company’s solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company’s product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.