Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Update

Focus Universal, Inc. (NASDAQ:FCUV) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 26,855 shares, a decline of 76.2% from the June 30th total of 112,681 shares. Currently, 4.9% of the shares of the company are sold short. Based on an average daily volume of 65,745 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

FCUV has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Focus Universal to a “strong sell” rating in a research note on Saturday, July 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Focus Universal Price Performance

Shares of FCUV opened at $2.28 on Tuesday. The firm has a market capitalization of $1.60 million, a PE ratio of -0.11 and a beta of -0.45. The company’s 50-day moving average is $3.11 and its 200-day moving average is $12.68. Focus Universal has a fifty-two week low of $1.84 and a fifty-two week high of $210.00.

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

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.