Short Interest in Youxin Technology Ltd (NASDAQ:YAAS) Drops By 87.2%

Youxin Technology Ltd (NASDAQ:YAASGet Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 14,139 shares, a decrease of 87.2% from the July 30th total of 110,589 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 46,539 shares, the short-interest ratio is presently 0.3 days.

Youxin Technology Stock Down 2.6%

Shares of NASDAQ:YAAS opened at $2.59 on Wednesday. Youxin Technology has a 52-week low of $0.56 and a 52-week high of $27.69. The company has a 50 day moving average of $3.45 and a two-hundred day moving average of $4.57.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Youxin Technology in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Read Our Latest Analysis on Youxin Technology

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Youxin Technology stock. XTX Topco Ltd bought a new position in Youxin Technology Ltd (NASDAQ:YAASFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 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 reporting period.

Youxin Technology Company Profile

(Get Free Report)

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.

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