Ushio Inc. (OTCMKTS:UHOIF) Sees Significant Increase in Short Interest

Ushio Inc. (OTCMKTS:UHOIF) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 494,200 shares, a growth of 82.7% from the March 15th total of 270,500 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 1,647.3 days.

Ushio Price Performance

Shares of UHOIF opened at $11.86 on Friday. Ushio has a one year low of $11.86 and a one year high of $14.25. The business has a fifty day moving average of $13.34 and a 200 day moving average of $12.77.

Ushio Company Profile

Ushio, Inc engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others.