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

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 28,900 shares, a decrease of 24.3% from the September 30th total of 38,200 shares. Based on an average trading volume of 97,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

One Stop Systems Price Performance

Shares of NASDAQ:OSS traded down $0.07 during mid-day trading on Tuesday, hitting $2.37. The company had a trading volume of 20,491 shares, compared to its average volume of 92,109. One Stop Systems has a one year low of $1.79 and a one year high of $4.57. The firm has a fifty day moving average price of $2.34 and a 200 day moving average price of $2.39. The company has a market capitalization of $49.86 million, a PE ratio of -6.58 and a beta of 1.27.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.04). One Stop Systems had a negative net margin of 14.41% and a negative return on equity of 13.22%. The firm had revenue of $13.20 million for the quarter, compared to the consensus estimate of $13.00 million. Research analysts expect that One Stop Systems will post -0.26 earnings per share for the current fiscal year.

Insider Buying and Selling at One Stop Systems

In other news, Director Joseph M. Jr. Manko purchased 50,000 shares of the stock in a transaction on Tuesday, August 13th. The stock was purchased at an average price of $1.94 per share, for a total transaction of $97,000.00. Following the acquisition, the director now owns 1,149,899 shares in the company, valued at $2,230,804.06. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 13.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in OSS. Vontobel Holding Ltd. raised its stake in shares of One Stop Systems by 120.0% in the third quarter. Vontobel Holding Ltd. now owns 33,000 shares of the company’s stock worth $79,000 after purchasing an additional 18,000 shares during the last quarter. Essex Investment Management Co. LLC raised its position in One Stop Systems by 24.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 82,311 shares of the company’s stock valued at $197,000 after buying an additional 16,093 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in One Stop Systems during the 2nd quarter valued at $61,000. Renaissance Technologies LLC boosted its holdings in One Stop Systems by 15.7% during the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company’s stock worth $147,000 after acquiring an additional 8,300 shares during the last quarter. Finally, Legato Capital Management LLC purchased a new position in One Stop Systems during the 2nd quarter worth $35,000. 32.67% of the stock is owned by institutional investors.

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.