One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Up 115.0% in May

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 3,697,048 shares, an increase of 115.0% from the April 30th total of 1,719,422 shares. Based on an average daily trading volume, of 3,365,761 shares, the days-to-cover ratio is currently 1.1 days. Currently, 15.5% of the shares of the stock are short sold.

One Stop Systems Stock Performance

OSS traded up $0.99 on Tuesday, reaching $19.95. 1,975,969 shares of the company’s stock were exchanged, compared to its average volume of 2,467,928. The company’s 50 day moving average is $11.79 and its 200-day moving average is $9.48. The company has a market cap of $493.48 million, a price-to-earnings ratio of 78.73 and a beta of 1.14. One Stop Systems has a twelve month low of $2.69 and a twelve month high of $20.20.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.06. The company had revenue of $8.07 million during the quarter, compared to the consensus estimate of $6.98 million. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. Sell-side analysts forecast that One Stop Systems will post -0.08 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on OSS. Roth Mkm reissued a “buy” rating and issued a $18.00 target price on shares of One Stop Systems in a research report on Wednesday, May 6th. Lake Street Capital upped their price target on shares of One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings raised shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 23rd. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. Finally, Zacks Research lowered One Stop Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

Insider Buying and Selling at One Stop Systems

In other One Stop Systems news, Director David George Bassett sold 8,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.64, for a total transaction of $141,120.00. Following the completion of the transaction, the director owned 24,984 shares of the company’s stock, valued at approximately $440,717.76. This trade represents a 24.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory W. Matz sold 8,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total value of $140,160.00. Following the completion of the transaction, the director directly owned 78,914 shares of the company’s stock, valued at approximately $1,382,573.28. This trade represents a 9.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 21,000 shares of company stock worth $369,380. 3.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OSS. Smartleaf Asset Management LLC acquired a new stake in shares of One Stop Systems in the fourth quarter valued at about $29,000. Marex Group plc acquired a new position in One Stop Systems during the 2nd quarter worth approximately $36,000. FNY Investment Advisers LLC acquired a new position in One Stop Systems during the 4th quarter worth approximately $46,000. Walleye Capital LLC purchased a new position in One Stop Systems in the 2nd quarter worth approximately $46,000. Finally, DNB Asset Management AS purchased a new position in One Stop Systems in the 3rd quarter worth approximately $83,000. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Company Profile

One Stop Systems, Inc (NASDAQ: OSS) develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company’s solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company’s product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.