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

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 512,663 shares, a growth of 5,014.4% from the April 30th total of 10,024 shares. Approximately 32.1% of the company’s stock are short sold. Based on an average daily volume of 2,142,255 shares, the days-to-cover ratio is currently 0.2 days.

Focus Universal Stock Performance

Shares of FCUV stock opened at $0.74 on Thursday. The firm has a market cap of $1.53 million, a price-to-earnings ratio of -0.15 and a beta of -0.31. Focus Universal has a 52 week low of $0.53 and a 52 week high of $52.50. The firm’s 50-day simple moving average is $2.28 and its two-hundred day simple moving average is $11.05.

Focus Universal (NASDAQ:FCUV) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($1.48) EPS for the quarter, missing the consensus estimate of ($1.33) by ($0.15). The company had revenue of $0.05 million during the quarter, compared to the consensus estimate of $0.40 million. Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Focus Universal in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Focus Universal presently has a consensus rating of “Sell”.

Focus Universal Company Profile

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.