Ushio Inc. (OTCMKTS:UHOIF) Short Interest Down 23.3% in February

Ushio Inc. (OTCMKTS:UHOIF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 143,600 shares, a decline of 23.3% from the February 13th total of 187,300 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 359.0 days.

Ushio Price Performance

Ushio stock opened at $12.96 on Wednesday. Ushio has a 12-month low of $11.86 and a 12-month high of $14.30. The firm’s fifty day moving average price is $12.91 and its 200 day moving average price is $13.43.

About Ushio

Ushio, Inc engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others.