Focus Universal, Inc. (NASDAQ:FCUV) Sees Large Growth in Short Interest

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 112,681 shares, an increase of 112.6% from the June 15th total of 53,009 shares. Based on an average daily trading volume, of 10,640,387 shares, the short-interest ratio is presently 0.0 days. Currently, 20.8% of the company’s shares are sold short.

Focus Universal Stock Down 4.7%

Focus Universal stock traded down $0.14 during mid-day trading on Thursday, hitting $2.84. 13,785 shares of the stock were exchanged, compared to its average volume of 978,470. Focus Universal has a 12 month low of $1.84 and a 12 month high of $210.00. The firm’s fifty day simple moving average is $3.27 and its two-hundred day simple moving average is $14.58. The stock has a market capitalization of $2.00 million, a price-to-earnings ratio of -0.14 and a beta of -0.45.

Focus Universal (NASDAQ:FCUV) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($1.48) EPS for the quarter, beating analysts’ consensus estimates of ($5.33) by $3.85. Focus Universal had a negative net margin of 4,243.03% and a negative return on equity of 357.95%. The company had revenue of $0.05 million for the quarter, compared to analyst estimates of $0.40 million.

Analyst Ratings Changes

A number of equities research analysts have weighed in on FCUV shares. Wall Street Zen lowered shares of Focus Universal to a “strong sell” rating in a report on Saturday, July 4th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Focus Universal in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Focus Universal presently has an average rating of “Sell”.

About Focus Universal

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.