Focus Universal, Inc. (NASDAQ:FCUV) Sees Significant Decrease in Short Interest

Focus Universal, Inc. (NASDAQ:FCUV) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 10,024 shares, a decline of 55.0% from the April 15th total of 22,289 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 98,009 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Focus Universal in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Focus Universal Stock Performance

FCUV stock traded up $0.12 during midday trading on Friday, hitting $0.84. 8,378,663 shares of the company’s stock were exchanged, compared to its average volume of 1,231,819. The stock’s fifty day moving average price is $2.86 and its 200-day moving average price is $13.31. The company has a market cap of $868,290.00, a PE ratio of -0.16 and a beta of -0.31. Focus Universal has a one year low of $0.61 and a one year high of $52.50.

Focus Universal (NASDAQ:FCUV) last posted its earnings results on Thursday, May 14th. The company reported ($1.48) earnings per share for the quarter, missing the consensus estimate of ($1.33) by ($0.15). The business had revenue of $0.05 million for 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%.

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.