Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Up 112.6% in June

Focus Universal, Inc. (NASDAQ:FCUV) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 112,681 shares, an increase of 112.6% from the June 15th total of 53,009 shares. Based on an average daily volume of 10,640,387 shares, the short-interest ratio is currently 0.0 days. Currently, 20.8% of the shares of the company are short sold.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Focus Universal in a research note on Wednesday, June 24th. Wall Street Zen cut Focus Universal to a “strong sell” rating in a report on Saturday, July 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Focus Universal Stock Down 4.7%

Shares of Focus Universal stock opened at $2.84 on Friday. Focus Universal has a twelve month low of $1.84 and a twelve month high of $210.00. The company has a 50-day simple moving average of $3.24 and a two-hundred day simple moving average of $14.28. The stock has a market capitalization of $1.99 million, a price-to-earnings ratio of -0.14 and a beta of -0.45.

Focus Universal (NASDAQ:FCUV) last announced its earnings results on Thursday, May 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.33) by $3.85. Focus Universal had a negative net margin of 4,243.03% and a negative return on equity of 357.95%. The firm had revenue of $0.05 million for the quarter, compared to analyst estimates of $0.40 million.

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.