Short Interest in Focus Universal, Inc. (NASDAQ:FCUV) Decreases By 55.0%

Focus Universal, Inc. (NASDAQ:FCUV) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 10,024 shares, a decrease of 55.0% from the April 15th total of 22,289 shares. Based on an average trading volume of 98,009 shares, the short-interest ratio is presently 0.1 days. Currently, 1.3% of the shares of the stock are short sold.

Focus Universal Stock Up 17.4%

NASDAQ:FCUV traded up $0.12 during trading hours on Friday, hitting $0.84. 8,378,663 shares of the company were exchanged, compared to its average volume of 815,097. Focus Universal has a one year low of $0.61 and a one year high of $52.50. The company has a fifty day simple moving average of $2.86 and a 200 day simple moving average of $13.52.

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. The company had revenue of $0.05 million for the quarter. Focus Universal had a negative return on equity of 399.27% and a negative net margin of 4,243.03%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Focus Universal in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Focus Universal has an average rating of “Sell”.

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.