Universal Entertainment Corp. (OTCMKTS:UETMF) Short Interest Update

Universal Entertainment Corp. (OTCMKTS:UETMF) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 66,772 shares, a drop of 38.0% from the June 30th total of 107,678 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 241 shares, the days-to-cover ratio is presently 277.1 days.

Universal Entertainment Price Performance

Shares of OTCMKTS UETMF remained flat at $4.17 during mid-day trading on Friday. The company has a current ratio of 2.24, a quick ratio of 1.51 and a debt-to-equity ratio of 1.01. Universal Entertainment has a 52 week low of $3.87 and a 52 week 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 0.51. The firm’s 50 day moving average is $4.39 and its 200-day moving average is $5.80.

Universal Entertainment Company Profile

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.