Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Down 97.3% in May

Focus Universal, Inc. (NASDAQ:FCUV) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 13,849 shares, a drop of 97.3% from the May 14th total of 512,663 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 250,958 shares, the days-to-cover ratio is presently 0.1 days.

Focus Universal Stock Up 10.8%

Shares of NASDAQ FCUV traded up $0.08 during midday trading on Tuesday, hitting $0.83. 434,864 shares of the company’s stock were exchanged, compared to its average volume of 1,527,639. Focus Universal has a 12 month low of $0.53 and a 12 month high of $52.50. The company’s 50 day moving average price is $1.69 and its 200 day moving average price is $9.06. The firm has a market capitalization of $2.34 million, a PE ratio of -0.16 and a beta of -0.41.

Focus Universal (NASDAQ:FCUV) last issued its earnings results on Thursday, May 14th. The company reported ($1.48) EPS for the quarter, missing the consensus estimate of ($1.33) by ($0.15). Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.The business had revenue of $0.05 million for the quarter, compared to the consensus estimate of $0.40 million.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Focus Universal in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Focus Universal has an average rating of “Sell”.

Focus Universal Company Profile

Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.