Universal Entertainment Corp. (OTCMKTS:UETMF) Short Interest Down 38.0% in July

Universal Entertainment Corp. (OTCMKTS:UETMF) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 66,772 shares, a drop of 38.0% from the June 30th total of 107,678 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 241 shares, the days-to-cover ratio is presently 277.1 days.

Universal Entertainment Stock Performance

UETMF opened at $4.17 on Thursday. The company has a current ratio of 2.24, a quick ratio of 1.51 and a debt-to-equity ratio of 1.01. The business’s 50 day moving average is $4.49 and its 200-day moving average is $5.83. The stock has a market cap of $323.13 million, a PE ratio of -0.22 and a beta of 0.51. Universal Entertainment has a twelve month low of $3.87 and a twelve month high of $4.17.

About Universal Entertainment

Universal Entertainment Corporation, trading on the OTC market under the symbol UETMF, is a Japan?based provider of gaming machines and integrated resort services. Headquartered in Tokyo, the company designs, manufactures and markets a broad range of electronic gaming equipment for domestic pachinko parlors and global casino operators. Its product portfolio includes pachinko and pachislot units for the Japanese market as well as high-end slot machines and digital gaming platforms tailored to international jurisdictions.

At the heart of Universal Entertainment’s operations lies its research and development division, which focuses on hardware engineering and gaming software design.