One Stop Systems, Inc. (NASDAQ:OSS) Sees Significant Drop in Short Interest

One Stop Systems, Inc. (NASDAQ:OSS) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 181,698 shares, a drop of 44.2% from the November 30th total of 325,388 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 695,299 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 695,299 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.9% of the company’s stock are short sold.

Hedge Funds Weigh In On One Stop Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in One Stop Systems by 17.4% in the 3rd quarter. Vanguard Group Inc. now owns 872,700 shares of the company’s stock valued at $4,678,000 after acquiring an additional 129,479 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of One Stop Systems in the third quarter valued at $2,959,000. Marshall Wace LLP increased its holdings in shares of One Stop Systems by 1,130.1% in the 2nd quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock worth $1,691,000 after buying an additional 437,664 shares during the last quarter. Polar Asset Management Partners Inc. purchased a new stake in shares of One Stop Systems during the 3rd quarter valued at about $1,566,000. Finally, Jane Street Group LLC boosted its holdings in shares of One Stop Systems by 753.2% in the 2nd quarter. Jane Street Group LLC now owns 268,182 shares of the company’s stock worth $952,000 after purchasing an additional 236,750 shares during the period. Institutional investors own 32.67% of the company’s stock.

One Stop Systems Stock Down 1.0%

NASDAQ:OSS traded down $0.07 during mid-day trading on Monday, hitting $7.12. 273,192 shares of the company traded hands, compared to its average volume of 449,704. One Stop Systems has a one year low of $1.85 and a one year high of $7.92. The firm has a market cap of $174.51 million, a price-to-earnings ratio of -22.25 and a beta of 1.09. The stock’s fifty day moving average price is $5.91 and its 200-day moving average price is $5.51.

One Stop Systems (NASDAQ:OSS) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $18.76 million for the quarter, compared to the consensus estimate of $16.24 million. One Stop Systems had a negative net margin of 11.47% and a negative return on equity of 26.14%. Equities analysts predict that One Stop Systems will post -0.52 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Industrial Alliance Securities set a $8.50 price target on shares of One Stop Systems in a report on Wednesday, November 5th. Roth Capital lifted their target price on One Stop Systems from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of One Stop Systems in a report on Wednesday, October 8th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of One Stop Systems in a research report on Wednesday, November 5th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $7.50.

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.