Short Interest in Focus Universal, Inc. (NASDAQ:FCUV) Decreases By 76.2%

by · The Markets Daily

Focus Universal, Inc. (NASDAQ:FCUV – Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 26,855 shares, a decrease of 76.2% from the June 30th total of 112,681 shares. Currently, 4.9% of the company’s stock are short sold. Based on an average daily volume of 65,745 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Focus Universal in a report on Wednesday, June 24th. Wall Street Zen cut Focus Universal to a “strong sell” rating in a research report on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on FCUV

Focus Universal Trading Down 0.9%

Shares of NASDAQ FCUV traded down $0.02 during mid-day trading on Friday, hitting $2.29. The company had a trading volume of 10,461 shares, compared to its average volume of 79,130. The company has a market capitalization of $1.60 million, a PE ratio of -0.11 and a beta of -0.45. The firm has a 50-day simple moving average of $3.13 and a two-hundred day simple moving average of $13.07. Focus Universal has a one year low of $1.84 and a one year high of $210.00.

Focus Universal (NASDAQ:FCUV – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($5.33) by $3.85. Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.The business had revenue of $0.05 million for the quarter, compared to the consensus estimate 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.

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