Ushio Inc. (OTCMKTS:UHOIF – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 24,194 shares, a drop of 53.2% from the August 31st total of 51,716 shares. Based on an average daily volume of 8 shares, the days-to-cover ratio is presently 3,024.2 days.
Ushio Price Performance
Shares of UHOIF opened at $26.17 on Wednesday. The firm has a fifty day moving average price of $25.98 and a 200-day moving average price of $23.85. Ushio has a 12-month low of $13.19 and a 12-month high of $28.65.
About Ushio
Ushio Inc is a Japan-based company that develops and manufactures specialized light sources and optical equipment. Its technologies are used in industrial processing, visual imaging, and life science applications, including semiconductor and flat-panel display manufacturing, ultraviolet curing, disinfection, inspection, and other precision processes.
The company’s product portfolio includes ultraviolet, excimer, xenon, and halogen lamps; light-emitting diode and laser-based systems; exposure and curing equipment; and optical solutions for industrial and scientific applications.
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