Aura Systems, Inc. (OTCMKTS:AUSI) Sees Significant Increase in Short Interest

Aura Systems, Inc. (OTCMKTS:AUSI) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 15,838 shares, an increase of 160.1% from the December 31st total of 6,090 shares. Based on an average daily volume of 43,553 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 43,553 shares, the short-interest ratio is currently 0.4 days.

Aura Systems Stock Up 3.3%

AUSI opened at $0.13 on Friday. The business’s 50 day moving average is $0.11 and its 200-day moving average is $0.18. Aura Systems has a twelve month low of $0.06 and a twelve month high of $0.49.

Aura Systems Company Profile

Aura Systems, Inc (OTCMKTS:AUSI) is a niche provider of wireless communication products and radio frequency (RF) solutions. The company focuses on the design and manufacture of broadband wireless access systems, including point-to-multipoint radios, RF power amplifiers, and related subsystems. Its product portfolio serves both commercial and government customers, offering secure and high-capacity links for data, voice and video transmission over licensed and unlicensed frequency bands.

Founded in the early 1980s and headquartered in Calabasas, California, Aura Systems has developed expertise in integrating RF front-end modules for wireless local area networks (WLAN), wide area networks (WAN) and private radio networks.