Short Interest in One Stop Systems, Inc. (NASDAQ:OSS) Rises By 857.5%

One Stop Systems, Inc. (NASDAQ:OSS) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 1,946,653 shares, an increase of 857.5% from the December 31st total of 203,309 shares. Based on an average trading volume of 4,163,986 shares, the days-to-cover ratio is presently 0.5 days. Currently, 9.2% of the company’s stock are short sold. Currently, 9.2% of the company’s stock are short sold. Based on an average trading volume of 4,163,986 shares, the days-to-cover ratio is presently 0.5 days.

Analysts Set New Price Targets

Several brokerages have recently commented on OSS. Roth Mkm reissued a “buy” rating and issued a $9.00 price objective on shares of One Stop Systems in a research note on Monday, January 5th. Industrial Alliance Securities set a $9.00 price target on One Stop Systems in a research report on Monday, January 5th. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research note on Monday, January 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of One Stop Systems in a report on Thursday, January 22nd. Finally, Lake Street Capital reiterated a “buy” rating on shares of One Stop Systems in a report on Wednesday, December 31st. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.00.

Institutional Investors Weigh In On One Stop Systems

Several large investors have recently modified their holdings of OSS. Marex Group plc purchased a new position in One Stop Systems in the second quarter valued at approximately $36,000. Granite Investment Partners LLC bought a new stake in shares of One Stop Systems in the second quarter valued at $39,000. FNY Investment Advisers LLC purchased a new position in shares of One Stop Systems during the 4th quarter valued at $46,000. Walleye Capital LLC bought a new position in shares of One Stop Systems during the 2nd quarter worth $46,000. Finally, Quadrature Capital Ltd purchased a new stake in One Stop Systems in the 2nd quarter worth about $57,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

One Stop Systems Stock Up 3.9%

OSS stock traded up $0.39 during midday trading on Tuesday, hitting $10.51. The company’s stock had a trading volume of 1,953,593 shares, compared to its average volume of 3,270,957. One Stop Systems has a 1 year low of $1.85 and a 1 year high of $12.75. The stock has a market cap of $257.60 million, a price-to-earnings ratio of -32.84 and a beta of 0.98. The stock’s 50-day moving average price is $7.72 and its 200 day moving average price is $6.32.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Wednesday, November 5th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The company had revenue of $18.76 million for the quarter, compared to analysts’ expectations of $16.24 million. One Stop Systems had a negative return on equity of 26.14% and a negative net margin of 11.47%. As a group, equities analysts forecast that One Stop Systems will post -0.52 earnings per share for the current fiscal year.

About One Stop Systems

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.