Short Interest in Youxin Technology Ltd (NASDAQ:YAAS) Drops By 87.2%

Youxin Technology Ltd (NASDAQ:YAASGet Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 14,139 shares, a decrease of 87.2% from the July 30th total of 110,589 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily trading volume, of 46,539 shares, the days-to-cover ratio is currently 0.3 days.

Youxin Technology Price Performance

Shares of YAAS traded down $0.02 during trading hours on Thursday, hitting $2.50. The company’s stock had a trading volume of 29,715,346 shares, compared to its average volume of 1,426,718. The business has a 50 day simple moving average of $3.37 and a two-hundred day simple moving average of $4.52. Youxin Technology has a 52-week low of $0.56 and a 52-week high of $26.60.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Youxin Technology in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Youxin Technology presently has an average rating of “Sell”.

Check Out Our Latest Analysis on YAAS

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Youxin Technology stock. XTX Topco Ltd bought a new stake in shares of Youxin Technology Ltd (NASDAQ:YAASFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,151 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned 0.82% of Youxin Technology at the end of the most recent reporting period.

Youxin Technology Company Profile

(Get Free Report)

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.

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