Short Interest in Focus Universal, Inc. (NASDAQ:FCUV) Increases By 5,014.4%

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 512,663 shares, a growth of 5,014.4% from the April 30th total of 10,024 shares. Based on an average daily trading volume, of 2,142,255 shares, the days-to-cover ratio is presently 0.2 days. Currently, 32.1% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Focus Universal in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Focus Universal Trading Up 6.9%

Shares of NASDAQ:FCUV opened at $0.79 on Friday. The company has a fifty day simple moving average of $2.21 and a 200 day simple moving average of $10.79. The firm has a market cap of $1.64 million, a PE ratio of -0.16 and a beta of -0.31. Focus Universal has a 12-month low of $0.53 and a 12-month high of $52.50.

Focus Universal (NASDAQ:FCUV) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.33) by ($0.15). The company had revenue of $0.05 million during the quarter, compared to the consensus estimate of $0.40 million. Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.

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.