One Stop Systems, Inc. (NASDAQ:OSS) Short Interest Down 24.3% in October

One Stop Systems, Inc. (NASDAQ:OSS - Get Free Report) saw a significant 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 short-interest ratio is presently 0.3 days. Currently, 0.2% of the company's shares are short sold.

One Stop Systems Price Performance

Shares of NASDAQ:OSS traded down $0.01 during mid-day trading on Friday, reaching $2.40. 22,481 shares of the company were exchanged, compared to its average volume of 92,709. The firm has a market cap of $50.50 million, a price-to-earnings ratio of -6.67 and a beta of 1.27. One Stop Systems has a 1 year low of $1.79 and a 1 year high of $4.57. The firm's 50-day simple moving average is $2.33 and its 200 day simple moving average is $2.40.

One Stop Systems (NASDAQ:OSS - Get Free Report) last released its quarterly earnings results 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 return on equity of 13.22% and a negative net margin of 14.41%. The firm had revenue of $13.20 million for the quarter, compared to analysts' expectations of $13.00 million. On average, research analysts forecast that One Stop Systems will post -0.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In other One Stop Systems news, Director Joseph M. Jr. Manko acquired 50,000 shares of the business's stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of $1.94 per share, with a total value of $97,000.00. Following the transaction, the director now owns 1,149,899 shares of the company's stock, 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 SEC, which is available at this hyperlink. 13.60% of the stock is currently owned by company insiders.

Institutional Trading of One Stop Systems

Several hedge funds have recently made changes to their positions in the business. Legato Capital Management LLC purchased a new stake in shares of One Stop Systems during the second quarter worth $35,000. Mercer Global Advisors Inc. ADV acquired a new position in One Stop Systems during the 2nd quarter worth $61,000. Vontobel Holding Ltd. increased its holdings in One Stop Systems by 120.0% during the 3rd 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 period. Renaissance Technologies LLC raised its position in One Stop Systems by 15.7% in the 2nd quarter. Renaissance Technologies LLC now owns 61,200 shares of the company's stock valued at $147,000 after purchasing an additional 8,300 shares in the last quarter. Finally, Essex Investment Management Co. LLC boosted its stake in shares of 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 period. Institutional investors and hedge funds own 32.67% of the company's stock.

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.