Short Interest in Youxin Technology Ltd (NASDAQ:YAAS) Drops By 60.9%

Youxin Technology Ltd (NASDAQ:YAAS) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 13,223 shares, a decline of 60.9% from the December 31st total of 33,861 shares. Based on an average daily trading volume, of 95,854 shares, the short-interest ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 95,854 shares, the short-interest ratio is currently 0.1 days.

Youxin Technology Stock Down 7.9%

Shares of YAAS stock opened at $1.28 on Friday. Youxin Technology has a 1-year low of $1.25 and a 1-year high of $560.00. The company has a 50-day moving average of $1.59 and a two-hundred day moving average of $9.99.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on YAAS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Youxin Technology in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of Youxin Technology from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Youxin Technology Company Profile

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.