Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Up 282.8% in June

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 53,009 shares, an increase of 282.8% from the May 31st total of 13,849 shares. Approximately 9.8% of the shares of the stock are short sold. Based on an average trading volume of 642,569 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Focus Universal in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Focus Universal Price Performance

FCUV stock traded down $0.39 during trading on Friday, reaching $4.37. 481,541 shares of the stock traded hands, compared to its average volume of 5,431,621. The firm has a market capitalization of $3.06 million, a PE ratio of -0.86 and a beta of -0.41. Focus Universal has a 52-week low of $1.84 and a 52-week high of $210.00. The business’s 50 day moving average price is $4.10 and its 200-day moving average price is $25.41.

Focus Universal (NASDAQ:FCUV) last released its quarterly earnings data on Thursday, May 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, topping the consensus estimate of ($5.33) by $3.85. Focus Universal had a negative net margin of 4,243.03% and a negative return on equity of 357.95%. The company had revenue of $0.05 million during the quarter, compared to analyst estimates of $0.40 million.

About Focus Universal

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.