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

Universal Entertainment Corp. (OTCMKTS:UETMF) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 29,321 shares, a growth of 65.9% from the July 30th total of 17,672 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Currently, 0.0% of the company’s stock are short sold.

Universal Entertainment Stock Performance

Shares of OTCMKTS UETMF opened at $4.17 on Monday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.51 and a current ratio of 2.24. The stock has a 50 day moving average price of $4.13 and a 200 day moving average price of $5.46. The stock has a market capitalization of $323.13 million, a PE ratio of -0.22 and a beta of 0.49. Universal Entertainment has a 52 week low of $3.87 and a 52 week high of $4.17.

Universal Entertainment (OTCMKTS:UETMF) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $302.02 million for the quarter. Universal Entertainment had a positive return on equity of 2.08% and a negative net margin of 162.37%.

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.