Youxin Technology Ltd (NASDAQ:YAAS) Sees Large Growth in Short Interest

Youxin Technology Ltd (NASDAQ:YAAS) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 33,131 shares, an increase of 81.3% from the January 29th total of 18,270 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 57,124 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 57,124 shares, the short-interest ratio is currently 0.6 days. Currently, 1.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On Youxin Technology

An institutional investor recently bought a new position in Youxin Technology stock. XTX Topco Ltd acquired a new stake in Youxin Technology Ltd (NASDAQ:YAAS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,151 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned 0.82% of Youxin Technology at the end of the most recent quarter.

Analyst Ratings Changes

Several brokerages have recently weighed in on YAAS. Wall Street Zen upgraded Youxin Technology from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Youxin Technology in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Youxin Technology Trading Down 5.6%

YAAS opened at $1.19 on Friday. Youxin Technology has a one year low of $1.17 and a one year high of $560.00. The business’s 50 day moving average price is $1.48 and its 200 day moving average price is $5.52.

Youxin Technology Company Profile

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.