Ushio Inc. (OTCMKTS:UHOIF – Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 21,880 shares, a drop of 71.1% from the July 15th total of 75,777 shares. Based on an average daily volume of 144 shares, the days-to-cover ratio is currently 151.9 days.
Ushio Stock Performance
Shares of Ushio stock opened at $24.48 on Thursday. The stock’s 50 day simple moving average is $26.96 and its 200-day simple moving average is $21.84. Ushio has a 1-year low of $9.50 and a 1-year high of $28.65.
Ushio Company Profile
Ushio Inc (OTCMKTS: UHOIF) is a Tokyo-based manufacturer specializing in advanced lighting solutions and related technologies. Since its founding in 1964, the company has developed a broad portfolio of light sources—ranging from halogen, LED and discharge lamps to specialized metal halide and xenon lamps—serving projection, industrial, medical and entertainment applications. Ushio’s expertise in optical design and lamp engineering underpins its position as a supplier to original equipment manufacturers (OEMs) in the semiconductor, cinema, healthcare and scientific research sectors.
Beyond its core lamp business, Ushio offers laser systems and digital projection equipment.
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