Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 3,400 shares, a decrease of 66.7% from the July 31st total of 10,200 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is currently 0.3 days.
UUU stock opened at $0.96 on Friday. Universal Security Instruments has a 1 year low of $0.90 and a 1 year high of $2.12.
Universal Security Instruments (NYSEAMERICAN:UUU) last posted its earnings results on Monday, August 19th. The company reported ($0.26) earnings per share (EPS) for the quarter. The company had revenue of $4.34 million during the quarter.
About Universal Security Instruments
Universal Security Instruments, Inc, together with its subsidiary, designs, markets, and distributes safety and security products for use in homes and businesses in the United States and internationally. The company offers a line of safety alarms, including units powered by replaceable batteries, sealed batteries, and electrical batteries with battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ground fault circuit interrupters, and ventilation products.
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