Focus Universal, Inc. (NASDAQ:FCUV) Sees Large Drop in Short Interest
by Scott Moore · The Cerbat GemFocus Universal, Inc. (NASDAQ:FCUV – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 22,289 shares, a decline of 37.3% from the March 31st total of 35,529 shares. Currently, 4.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,270,851 shares, the short-interest ratio is currently 0.0 days.
Focus Universal Trading Up 0.7%
FCUV stock traded up $0.01 during mid-day trading on Monday, hitting $1.54. The stock had a trading volume of 16,009 shares, compared to its average volume of 729,707. Focus Universal has a 1-year low of $1.42 and a 1-year high of $61.40. The company has a fifty day moving average of $3.95 and a 200 day moving average of $16.83. The stock has a market capitalization of $1.58 million, a price-to-earnings ratio of -0.29 and a beta of 0.53.
Focus Universal (NASDAQ:FCUV – Get Free Report) last issued its earnings results on Tuesday, March 31st. The company reported ($1.64) earnings per share for the quarter. Focus Universal had a negative return on equity of 348.74% and a negative net margin of 1,879.67%.The firm had revenue of $0.00 million during the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Get Our Latest Stock Analysis on Focus Universal
Focus Universal Company Profile
Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.