Short Interest in Universal Entertainment Corp. (OTCMKTS:UETMF) Drops By 38.0%

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

Universal Entertainment Price Performance

OTCMKTS UETMF opened at $4.17 on Thursday. 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 1 year low of $3.87 and a 1 year high of $4.17. The company has a market cap of $323.13 million, a PE ratio of -0.22 and a beta of 0.51. The stock’s 50-day moving average price is $4.49 and its two-hundred day moving average price is $5.83.

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.