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

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 53,009 shares, an increase of 282.8% from the May 31st total of 13,849 shares. Based on an average daily trading volume, of 642,569 shares, the days-to-cover ratio is currently 0.1 days. Currently, 9.8% of the shares of the company are short sold.

Focus Universal Price Performance

Shares of Focus Universal stock traded down $0.39 during trading hours on Friday, reaching $4.37. The company’s stock had a trading volume of 481,541 shares, compared to its average volume of 5,431,621. The firm has a 50 day moving average price of $4.10 and a 200-day moving average price of $25.41. Focus Universal has a one year low of $1.84 and a one year high of $210.00. The stock has a market cap of $3.07 million, a P/E ratio of -0.86 and a beta of -0.41.

Focus Universal (NASDAQ:FCUV) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($1.48) earnings per share 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 company had revenue of $0.05 million for the quarter, compared to analyst estimates of $0.40 million.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a report on Wednesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

About Focus Universal

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.