Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Up 176.3% in July

Youxin Technology Ltd (NASDAQ:YAASGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 152,130 shares, an increase of 176.3% from the June 30th total of 55,064 shares. Based on an average daily trading volume, of 427,838 shares, the days-to-cover ratio is currently 0.4 days. Currently, 6.5% of the company’s stock are sold short.

Youxin Technology Price Performance

Shares of YAAS traded down $0.01 during trading hours on Monday, reaching $0.72. 33,899 shares of the company traded hands, compared to its average volume of 1,427,235. Youxin Technology has a 12-month low of $0.65 and a 12-month high of $36.80. The business has a fifty day moving average price of $0.84 and a 200-day moving average price of $1.07.

Institutional Trading of Youxin Technology

A hedge fund recently bought a new position in Youxin Technology stock. XTX Topco Ltd acquired a new stake in Youxin Technology Ltd (NASDAQ:YAASFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 (SEC).

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Youxin Technology in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Youxin Technology currently has an average rating of “Sell”.

View Our Latest Analysis on YAAS

Youxin Technology Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Youxin Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Youxin Technology and related companies with MarketBeat.com's FREE daily email newsletter.