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

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 98,500 shares, a drop of 20.0% from the July 15th total of 123,200 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 67,300 shares, the short-interest ratio is presently 1.5 days.

Insiders Place Their Bets

In other One Stop Systems news, Director Joseph M. Jr. Manko bought 50,000 shares of One Stop Systems stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of $1.94 per share, for a total transaction of $97,000.00. Following the completion of the acquisition, the director now owns 1,149,899 shares in the company, valued at approximately $2,230,804.06. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 13.60% of the company’s stock.

Institutional Investors Weigh In On One Stop Systems

A number of institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC boosted its holdings in shares of 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 buying an additional 8,300 shares during the period. Vanguard Group Inc. lifted its position in One Stop Systems by 1.9% during the first quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock worth $2,276,000 after acquiring an additional 13,036 shares during the last quarter. Legato Capital Management LLC bought a new stake in shares of One Stop Systems during the second quarter worth approximately $35,000. One Degree Advisors Inc acquired a new position in shares of One Stop Systems in the fourth quarter valued at approximately $47,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of One Stop Systems during the second quarter worth approximately $61,000. 32.67% of the stock is owned by institutional investors.

One Stop Systems Stock Performance

One Stop Systems stock traded up $0.09 during mid-day trading on Friday, reaching $2.09. The company’s stock had a trading volume of 103,068 shares, compared to its average volume of 88,602. The business’s 50 day simple moving average is $2.29 and its 200 day simple moving average is $2.67. One Stop Systems has a 12 month low of $1.56 and a 12 month high of $4.57. The company has a market capitalization of $43.72 million, a price-to-earnings ratio of -5.65 and a beta of 1.20.

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.