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

Ushio Inc. (OTCMKTS:UHOIFGet Rating) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 46,000 shares, a decrease of 37.4% from the April 15th total of 73,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 460.0 days.

UHOIF stock opened at $13.40 on Friday. The firm has a 50-day simple moving average of $13.95 and a two-hundred day simple moving average of $16.40. Ushio has a one year low of $12.64 and a one year high of $20.17.

Ushio Company Profile (Get Rating)

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.

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