Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Update

Focus Universal, Inc. (NASDAQ:FCUV) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 25,299 shares, an increase of 67.0% from the August 31st total of 15,150 shares. Based on an average daily volume of 483,708 shares, the short-interest ratio is presently 0.1 days. Currently, 4.7% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Weiss Ratings downgraded Focus Universal from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, September 18th. Wall Street Zen lowered Focus Universal from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Focus Universal currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Focus Universal

An institutional investor recently bought a new stake in Focus Universal stock. Citadel Advisors LLC bought a new position in shares of Focus Universal, Inc. (NASDAQ:FCUV) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,539 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned about 1.65% of Focus Universal as of its most recent filing with the Securities & Exchange Commission. 4.42% of the stock is owned by institutional investors.

Focus Universal Price Performance

Focus Universal stock traded down $0.41 during trading hours on Wednesday, hitting $4.34. 24,103 shares of the stock were exchanged, compared to its average volume of 1,382,072. The stock has a market capitalization of $3.05 million, a P/E ratio of -0.29 and a beta of -0.65. The business’s 50-day moving average is $7.28 and its two-hundred day moving average is $6.99. The company has a debt-to-equity ratio of 1.33, a quick ratio of 2.34 and a current ratio of 2.44. Focus Universal has a 12 month low of $1.79 and a 12 month high of $210.00.

Focus Universal (NASDAQ:FCUV) last posted its earnings results on Friday, August 14th. The company reported ($2.69) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.33) by ($1.36). The firm had revenue of $0.68 million during the quarter, compared to the consensus estimate of $0.40 million. Focus Universal had a negative net margin of 637.15% and a negative return on equity of 151.07%.

About Focus Universal

Focus Universal Inc (NASDAQ: FCUV) is a technology company focused on developing hardware and software solutions for the Internet of Things (IoT), wireless connectivity, and data monitoring. The company’s offerings are designed to connect sensors and devices, collect information, and support the remote monitoring and management of physical environments.

Its technology portfolio includes the Ubiquitor universal wireless sensor platform, which is intended to support multiple types of sensors and applications through a flexible wireless communications infrastructure.