Youxin Technology Ltd (NASDAQ:YAAS) Short Interest Down 81.4% in May

Youxin Technology Ltd (NASDAQ:YAAS) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 64,301 shares, a decrease of 81.4% from the April 30th total of 344,800 shares. Approximately 2.8% of the shares of the stock are sold short. Based on an average trading volume of 168,917 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Youxin Technology in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Youxin Technology

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

Youxin Technology Trading Up 13.9%

YAAS opened at $0.91 on Thursday. The stock has a 50-day moving average of $1.00 and a 200 day moving average of $1.29. Youxin Technology has a 12 month low of $0.75 and a 12 month high of $560.00.

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.