Fab Universal Sees Significant Increase in Short Interest (FU)
Fab Universal (NYSE:FU) saw a significant growth in short interest in the month of May. As of May 30th, there was short interest totalling 3,047,075 shares, a growth of 0.0% from the May 15th total of 3,047,827 shares, American Banking and Market News reports. Based on an average daily volume of 50 shares, the short-interest ratio is currently 60,941.5 days. Currently, 15.0% of the shares of the company are sold short.
Shares of Fab Universal (NYSE:FU) opened at 3.07 on Thursday. Fab Universal has a 1-year low of $3.05 and a 1-year high of $11.48. The stock has a 50-day moving average of $3. and a 200-day moving average of $3..
FAB Universal Corp., formerly Wizzard Software Corporation, operates in three segments: Software, Healthcare and Media Services.
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