Emerson Radio Corporation (NYSEAMERICAN:MSN) Short Interest Down 41.6% in December

Emerson Radio Corporation (NYSEAMERICAN:MSN) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 302,537 shares, a drop of 41.6% from the November 30th total of 518,225 shares. Currently, 4.0% of the company’s stock are short sold. Based on an average trading volume of 52,028 shares, the days-to-cover ratio is presently 5.8 days. Based on an average trading volume of 52,028 shares, the days-to-cover ratio is presently 5.8 days. Currently, 4.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Emerson Radio stock. Citadel Advisors LLC purchased a new position in shares of Emerson Radio Corporation (NYSEAMERICAN:MSN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 58,048 shares of the company’s stock, valued at approximately $25,000. Citadel Advisors LLC owned about 0.28% of Emerson Radio as of its most recent SEC filing.

Emerson Radio Stock Down 0.5%

NYSEAMERICAN MSN traded down $0.00 on Tuesday, hitting $0.38. 45,907 shares of the stock were exchanged, compared to its average volume of 495,957. Emerson Radio has a fifty-two week low of $0.28 and a fifty-two week high of $0.85. The company has a 50-day moving average price of $0.45 and a 200-day moving average price of $0.44. The company has a market cap of $8.06 million, a PE ratio of -1.60 and a beta of 0.09.

Emerson Radio (NYSEAMERICAN:MSN) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $1.22 million for the quarter. Emerson Radio had a negative return on equity of 28.26% and a negative net margin of 58.03%.

About Emerson Radio

Emerson Radio Corporation operates as a designer, marketer and importer of consumer electronics products, offering a broad range of home entertainment, digital health and accessory solutions. Through licensing agreements with well-known brands such as RCA, the company develops and distributes audio equipment, wireless speakers, digital media players, television antennas, home health monitors, and a variety of electronic accessories. Its product portfolio is tailored for mass-market and value-oriented retailers, as well as e-commerce platforms throughout North America.

Emerson Radio’s business model centers on brand licensing, private-label manufacturing and strategic partnerships with original design manufacturers.