Universal Entertainment Corp. (OTCMKTS:UETMF) Sees Significant Increase in Short Interest

Universal Entertainment Corp. (OTCMKTS:UETMF) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 29,321 shares, an increase of 65.9% from the July 30th total of 17,672 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Universal Entertainment Stock Performance

UETMF opened at $4.17 on Monday. The company has a market capitalization of $323.13 million, a price-to-earnings ratio of -0.22 and a beta of 0.49. The business’s 50-day moving average price is $4.13 and its two-hundred day moving average price is $5.46. Universal Entertainment has a 1 year low of $3.87 and a 1 year high of $4.17. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.24 and a quick ratio of 1.51.

Universal Entertainment (OTCMKTS:UETMF) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.12 earnings per share for the quarter. Universal Entertainment had a positive return on equity of 2.08% and a negative net margin of 162.37%.The company had revenue of $302.02 million during the quarter.

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.