Short Interest in Universal Entertainment Corp. (OTCMKTS:UETMF) Rises By 65.9%

Universal Entertainment Corp. (OTCMKTS:UETMF) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 29,321 shares, an increase of 65.9% from the July 30th total of 17,672 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.0% of the company’s stock are short sold.

Universal Entertainment Price Performance

Shares of UETMF opened at $4.17 on Wednesday. The company has a quick ratio of 1.51, a current ratio of 2.24 and a debt-to-equity ratio of 1.01. Universal Entertainment has a twelve month low of $3.87 and a twelve month high of $4.17. The stock has a market capitalization of $323.13 million, a P/E ratio of -0.22 and a beta of 0.48. The company has a 50 day moving average of $4.13 and a 200-day moving average of $5.42.

Universal Entertainment (OTCMKTS:UETMF) last announced its earnings results on Friday, August 7th. The company reported $0.12 EPS for the quarter. The business had revenue of $302.02 million during the quarter. Universal Entertainment had a negative net margin of 162.37% and a positive return on equity of 2.08%.

About Universal Entertainment

Universal Entertainment Corporation, trading on the OTC market under the symbol UETMF, is a Japan‐based provider of gaming machines and integrated resort services. Headquartered in Tokyo, the company designs, manufactures and markets a broad range of electronic gaming equipment for domestic pachinko parlors and global casino operators. Its product portfolio includes pachinko and pachislot units for the Japanese market as well as high-end slot machines and digital gaming platforms tailored to international jurisdictions.

At the heart of Universal Entertainment’s operations lies its research and development division, which focuses on hardware engineering and gaming software design.