Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Down 87.2% in August

Youxin Technology Ltd (NASDAQ:YAAS) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 14,139 shares, a decrease of 87.2% from the July 30th total of 110,589 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average trading volume of 46,539 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Youxin Technology

An institutional investor recently bought a new position in Youxin Technology stock. XTX Topco Ltd acquired a new stake in Youxin Technology Ltd (NASDAQ:YAAS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 19,151 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned 0.82% of Youxin Technology as of its most recent filing with the Securities and Exchange Commission.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Youxin Technology in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Youxin Technology Trading Down 2.6%

Shares of NASDAQ YAAS opened at $2.59 on Wednesday. The business’s fifty day simple moving average is $3.45 and its 200-day simple moving average is $4.57. Youxin Technology has a 12-month low of $0.56 and a 12-month high of $27.69.

Youxin Technology Company Profile

Youxin Technogy Ltd. operates as an investment holding company. It is a software as a service and platform as a service provider. The firm develops, uses and controls business applications without the need to purchase complex information technology infrastructure. The company was founded by Sun Jin Hou and Lin Shao Zhang on October 21, 2022 and is headquartered in Guangzhou, China.