Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Update

by · The Cerbat Gem

Focus Universal, Inc. (NASDAQ:FCUV – Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 512,663 shares, a growth of 5,014.4% from the April 30th total of 10,024 shares. Approximately 32.1% of the company’s shares are short sold. Based on an average daily volume of 2,142,255 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Report on FCUV

Focus Universal Stock Down 8.4%

Shares of NASDAQ:FCUV traded down $0.07 on Wednesday, hitting $0.74. 222,185 shares of the company traded hands, compared to its average volume of 839,359. The stock has a 50 day simple moving average of $2.35 and a 200-day simple moving average of $11.32. The company has a market cap of $1.53 million, a PE ratio of -0.15 and a beta of -0.31. Focus Universal has a 52 week low of $0.53 and a 52 week high of $52.50.

Focus Universal (NASDAQ:FCUV – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.33) by ($0.15). Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.The company had revenue of $0.05 million during the quarter, compared to analysts’ expectations of $0.40 million.

Focus Universal Company Profile

(Get Free Report)

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.

Further Reading