Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Down 71.9% in October

Youxin Technology Ltd (NASDAQ:YAAS) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 21,500 shares, a decline of 71.9% from the September 30th total of 76,400 shares. Based on an average daily volume of 651,700 shares, the short-interest ratio is presently 0.0 days. Currently, 1.0% of the company’s stock are sold short. Currently, 1.0% of the company’s stock are sold short. Based on an average daily volume of 651,700 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Youxin Technology in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Youxin Technology to a “hold” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Youxin Technology Stock Performance

Shares of YAAS stock opened at $2.37 on Friday. Youxin Technology has a fifty-two week low of $2.26 and a fifty-two week high of $560.00. The stock’s 50-day simple moving average is $8.42 and its 200-day simple moving average is $86.00.

About Youxin Technology

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.