Universal Entertainment Co. (OTCMKTS:UETMF) Sees Significant Growth in Short Interest

Universal Entertainment Co. (OTCMKTS:UETMF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 42,600 shares, a growth of 56.6% from the December 31st total of 27,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Universal Entertainment Price Performance

Universal Entertainment stock remained flat at $7.29 during midday trading on Friday. The company has a 50 day simple moving average of $9.27 and a 200 day simple moving average of $9.83. Universal Entertainment has a 52-week low of $7.29 and a 52-week high of $9.44. The firm has a market capitalization of $564.90 million, a price-to-earnings ratio of -5.70 and a beta of 0.22.

Universal Entertainment Company Profile

Universal Entertainment Corporation, together with its subsidiaries, manufactures, develops, and sells pachislot and pachinko machines in Japan, Philippines, and internationally. The company operates in two segments, Amusement Equipment Business, and Integrated Resort Business. The company also develops and provides Falcon X, a peripheral system; Hot Stadium, a digital signage system; Universal Kingdom, a membership website for Android; and Slots Street, a social casino game; as well as operates OKADA MANILA, a casino resort in the Philippines.