Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 169,000 shares, an increase of 27.0% from the August 15th total of 133,100 shares. Based on an average daily trading volume, of 369,500 shares, the short-interest ratio is presently 0.5 days. Approximately 8.2% of the shares of the company are sold short.
NYSEAMERICAN:UUU opened at $5.18 on Wednesday. The company has a market capitalization of $11.97 million, a PE ratio of 32.38 and a beta of 1.88. Universal Security Instruments has a 12-month low of $1.55 and a 12-month high of $19.88.
Universal Security Instruments (NYSEAMERICAN:UUU) last posted its quarterly earnings results on Thursday, July 8th. The company reported ($0.19) earnings per share for the quarter. Universal Security Instruments had a net margin of 1.88% and a return on equity of 7.34%. The business had revenue of $3.00 million during the quarter.
Separately, TheStreet raised Universal Security Instruments from a “d-” rating to a “c” rating in a report on Friday, July 9th.
About Universal Security Instruments
Universal Security Instruments, Inc engages in the design, manufacture, and distribution of home protection solutions. Its products include smoke and fire alarms; carbon monoxide; combo smoke, co and gas; home and safety security; and bathroom ventilation. The company was founded by Stephen C. Knepper and Michael L.
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