Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 16,800 shares, a decrease of 59.7% from the June 30th total of 41,700 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 162,300 shares, the short-interest ratio is currently 0.1 days.
Shares of UUU stock opened at $2.02 on Friday. Universal Security Instruments has a 1-year low of $0.30 and a 1-year high of $2.90.
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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