Emerson Radio Corp (NYSEAMERICAN:MSN) Short Interest Up 93.3% in June
Emerson Radio Corp (NYSEAMERICAN:MSN) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 5,800 shares, an increase of 93.3% from the May 30th total of 3,000 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is currently 1.5 days.
Shares of Emerson Radio stock opened at $1.03 on Friday. Emerson Radio has a 1 year low of $0.91 and a 1 year high of $1.51.
Separately, TheStreet cut shares of ZTO Express (Cayman) from a “b+” rating to a “c” rating in a report on Wednesday, May 1st.
Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It provides houseware products, such as microwave ovens, compact refrigerators, wine products, and toaster ovens; audio products, including clock radios; and other products comprising mobile and landline telephones and accessories, tablet computers and accessories, cameras and video cameras and accessories, and miscellaneous electronic and novelty products.
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