Aura Systems, Inc. (OTCMKTS:AUSI) Sees Large Growth in Short Interest

Aura Systems, Inc. (OTCMKTS:AUSI) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 18,090 shares, a growth of 197.0% from the February 12th total of 6,090 shares. Based on an average daily trading volume, of 15,651 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 15,651 shares, the days-to-cover ratio is presently 1.2 days.

Aura Systems Trading Up 23.0%

AUSI opened at $0.13 on Thursday. Aura Systems has a 1-year low of $0.06 and a 1-year high of $0.46. The firm’s 50 day simple moving average is $0.12 and its two-hundred day simple moving average is $0.17.

Aura Systems Company Profile

Aura Systems, Inc (OTCMKTS:AUSI) is a niche provider of wireless communication products and radio frequency (RF) solutions. The company focuses on the design and manufacture of broadband wireless access systems, including point-to-multipoint radios, RF power amplifiers, and related subsystems. Its product portfolio serves both commercial and government customers, offering secure and high-capacity links for data, voice and video transmission over licensed and unlicensed frequency bands.

Founded in the early 1980s and headquartered in Calabasas, California, Aura Systems has developed expertise in integrating RF front-end modules for wireless local area networks (WLAN), wide area networks (WAN) and private radio networks.