Universal Entertainment Corp. (OTCMKTS:UETMF) Short Interest Up 65.9% in August

Universal Entertainment Corp. (OTCMKTS:UETMF) was the recipient of a large 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Universal Entertainment Stock Performance

Shares of Universal Entertainment stock opened at $4.17 on Tuesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.24 and a quick ratio of 1.51. The firm has a market cap of $323.13 million, a P/E ratio of -0.22 and a beta of 0.49. The firm has a 50 day simple moving average of $4.13 and a 200 day simple moving average of $5.44. Universal Entertainment has a fifty-two week low of $3.87 and a fifty-two week high of $4.17.

Universal Entertainment (OTCMKTS:UETMF) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.12 earnings per share (EPS) 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.