Emerson Radio Corp (NYSEAMERICAN:MSN) Sees Significant Increase in Short Interest

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Emerson Radio Corp (NYSEAMERICAN:MSN) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 3,300 shares, a growth of 10.0% from the July 31st total of 3,000 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 0.8 days.

Shares of MSN opened at $0.97 on Monday. Emerson Radio has a one year low of $0.91 and a one year high of $1.51.

Emerson Radio (NYSEAMERICAN:MSN) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) EPS for the quarter. The business had revenue of $1.61 million for the quarter.

About Emerson Radio

Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It provides houseware products, such as microwave ovens, compact refrigerators, wine products, and toaster ovens; audio products, including clock radios; and other products comprising mobile and landline telephones and accessories, tablet computers and accessories, cameras and video cameras and accessories, and miscellaneous electronic and novelty products.

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