One Stop Systems, Inc. (NASDAQ:OSS) Sees Large Increase in Short Interest

One Stop Systems, Inc. (NASDAQ:OSS) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 148,700 shares, a growth of 20.0% from the March 31st total of 123,900 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 127,900 shares, the days-to-cover ratio is currently 1.2 days.

Analysts Set New Price Targets

Several analysts recently issued reports on OSS shares. Roth Mkm reissued a “buy” rating and issued a $5.50 target price (up from $5.00) on shares of One Stop Systems in a research note on Friday, March 22nd. Benchmark raised their target price on One Stop Systems from $3.00 to $5.00 and gave the stock a “buy” rating in a research note on Friday, March 22nd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $4.06.

Hedge Funds Weigh In On One Stop Systems

An institutional investor recently bought a new position in One Stop Systems stock. One Degree Advisors Inc bought a new stake in shares of One Stop Systems, Inc. (NASDAQ:OSS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 23,840 shares of the company’s stock, valued at approximately $47,000. One Degree Advisors Inc owned about 0.12% of One Stop Systems as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Price Performance

Shares of OSS opened at $2.84 on Wednesday. One Stop Systems has a one year low of $1.56 and a one year high of $4.57. The company has a 50-day simple moving average of $3.29 and a two-hundred day simple moving average of $2.49. The firm has a market capitalization of $58.96 million, a PE ratio of -8.61 and a beta of 1.27.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Thursday, March 21st. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.05. One Stop Systems had a negative net margin of 11.03% and a negative return on equity of 10.09%. The firm had revenue of $13.16 million during the quarter, compared to analyst estimates of $13.00 million. Analysts expect that One Stop Systems will post -0.14 EPS for the current fiscal year.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.