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

Youxin Technology Ltd (NASDAQ:YAAS) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 18,270 shares, an increase of 38.2% from the January 15th total of 13,223 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 52,754 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 52,754 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.8% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on YAAS shares. Wall Street Zen upgraded shares of Youxin Technology from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Youxin Technology in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Youxin Technology Trading Down 0.4%

NASDAQ YAAS opened at $1.27 on Friday. Youxin Technology has a 12 month low of $1.25 and a 12 month high of $560.00. The company’s 50 day simple moving average is $1.56 and its 200 day simple moving average is $7.43.

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.