One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Update

Key Points

• One Stop Systems, Inc. (NASDAQ:OSS) experienced a significant increase in short interest, rising by 563.6% from 87,300 to 579,300 shares in September.
• Institutional ownership accounts for 32.67% of the company's stock, with several hedge funds acquiring new stakes during the second quarter.
• Analysts have mixed ratings on the stock; while Roth Capital set a target price of $8.00 with a "buy" rating, Weiss Ratings issued a "sell (d-)" rating.

One Stop Systems, Inc. (NASDAQ:OSS - Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 579,300 shares, a growth of 563.6% from the September 15th total of 87,300 shares. Based on an average daily trading volume, of 706,600 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 706,600 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of One Stop Systems

Several hedge funds have recently modified their holdings of OSS. Marex Group plc acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at approximately $36,000. Granite Investment Partners LLC acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at approximately $39,000. Walleye Capital LLC acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at approximately $46,000. Quadrature Capital Ltd acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at approximately $57,000. Finally, Geode Capital Management LLC raised its holdings in One Stop Systems by 0.9% during the second quarter. Geode Capital Management LLC now owns 199,729 shares of the company's stock worth $709,000 after purchasing an additional 1,837 shares during the last quarter. 32.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Alliance Global Partners restated a "buy" rating on shares of One Stop Systems in a research note on Monday, July 28th. Weiss Ratings restated a "sell (d-)" rating on shares of One Stop Systems in a research note on Wednesday, October 8th. Lake Street Capital set a $6.00 price objective on One Stop Systems and gave the stock a "buy" rating in a research report on Friday, July 11th. Wall Street Zen raised One Stop Systems from a "sell" rating to a "hold" rating in a research report on Saturday, August 2nd. Finally, Roth Capital increased their price objective on One Stop Systems from $7.00 to $8.00 and gave the stock a "buy" rating in a research report on Monday, October 6th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $6.17.

One Stop Systems Price Performance

OSS opened at $5.61 on Friday. The business has a 50 day simple moving average of $5.81 and a 200-day simple moving average of $4.25. The stock has a market capitalization of $122.97 million, a P/E ratio of -8.63 and a beta of 1.15. One Stop Systems has a 12 month low of $1.85 and a 12 month high of $7.20.

About One Stop Systems

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.

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