Short Interest in One Stop Systems, Inc. (NASDAQ:OSS) Expands By 43.3%

One Stop Systems, Inc. (NASDAQ:OSS) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 198,200 shares, a growth of 43.3% from the March 15th total of 138,300 shares. Based on an average daily trading volume, of 235,300 shares, the short-interest ratio is currently 0.8 days. Currently, 1.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On One Stop Systems

A number of hedge funds have recently made changes to their positions in OSS. XTX Topco Ltd purchased a new stake in shares of One Stop Systems during the 4th quarter valued at $36,000. Wolverine Trading LLC purchased a new stake in shares of One Stop Systems during the fourth quarter worth about $37,000. Jane Street Group LLC acquired a new position in shares of One Stop Systems during the fourth quarter valued at about $43,000. Sovereign Financial Group Inc. acquired a new stake in One Stop Systems in the 4th quarter worth approximately $59,000. Finally, Diametric Capital LP purchased a new stake in One Stop Systems during the 4th quarter worth approximately $63,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Lake Street Capital upgraded One Stop Systems from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 19th.

One Stop Systems Trading Up 5.0 %

NASDAQ OSS opened at $2.12 on Friday. The stock has a market cap of $43.08 million, a PE ratio of -4.24 and a beta of 1.10. One Stop Systems has a 12 month low of $1.82 and a 12 month high of $4.88. The company’s 50-day moving average price is $2.76 and its 200-day moving average price is $2.86.

One Stop Systems (NASDAQ:OSS) last announced its quarterly earnings results on Wednesday, March 19th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). The firm had revenue of $2.38 million during the quarter, compared to analysts’ expectations of $15.00 million. One Stop Systems had a negative net margin of 20.45% and a negative return on equity of 29.71%. During the same quarter in the previous year, the firm posted $0.01 EPS. As a group, sell-side analysts forecast that One Stop Systems will post -0.52 earnings per share for the current 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.