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 March. As of March 13th, there was short interest totaling 1,992,549 shares, an increase of 32.6% from the February 26th total of 1,502,990 shares. Based on an average daily trading volume, of 1,266,274 shares, the days-to-cover ratio is presently 1.6 days. Approximately 9.3% of the company’s shares are short sold.

One Stop Systems Trading Down 10.3%

One Stop Systems stock traded down $0.88 during mid-day trading on Friday, hitting $7.66. The company’s stock had a trading volume of 1,842,617 shares, compared to its average volume of 1,692,314. The stock’s fifty day moving average is $9.47 and its two-hundred day moving average is $7.43. The firm has a market capitalization of $189.51 million, a PE ratio of 42.56 and a beta of 0.91. One Stop Systems has a 1 year low of $1.85 and a 1 year high of $12.75.

Hedge Funds Weigh In On One Stop Systems

Hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC purchased a new position in shares of One Stop Systems during the 4th quarter worth $29,000. Marex Group plc purchased a new stake in One Stop Systems in the 2nd quarter valued at about $36,000. Granite Investment Partners LLC acquired a new position in One Stop Systems in the second quarter valued at about $39,000. FNY Investment Advisers LLC acquired a new position in One Stop Systems in the fourth quarter valued at about $46,000. Finally, Walleye Capital LLC purchased a new position in One Stop Systems during the second quarter worth about $46,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on OSS. Lake Street Capital upped their target price on One Stop Systems from $9.00 to $12.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Weiss Ratings upgraded One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 23rd. Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a report on Monday, January 5th. iA Financial set a $9.00 price objective on shares of One Stop Systems in a research report on Monday, January 5th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $9.00 target price on shares of One Stop Systems in a research note on Monday, January 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.00.

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.