Emerson Radio Corporation (NYSEAMERICAN:MSN) Shares Shorted: Short Interest Down 40.4% in October

Emerson Radio Corporation (NYSEAMERICAN:MSN – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 64,213 shares, a decline of 40.4% from the September 30th total of 107,654 shares. Based on an average trading volume of 144,177 shares, the short-interest ratio is presently 0.4 days. Currently, 0.8% of the shares of the company are short sold.

Emerson Radio Price Performance

Shares of NYSEAMERICAN:MSN traded down $0.00 during midday trading on Tuesday, hitting $0.31. The company had a trading volume of 1,183 shares, compared to its average volume of 155,792. Emerson Radio has a 12-month low of $0.30 and a 12-month high of $0.55. The company has a fifty day moving average of $0.42 and a two-hundred day moving average of $0.40. The company has a market cap of $6.60 million, a price-to-earnings ratio of -1.85 and a beta of 0.47.

Emerson Radio (NYSEAMERICAN:MSN – Get Free Report) last released its earnings results on Friday, August 14th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $2.11 million for the quarter. Emerson Radio had a negative net margin of 65.50% and a negative return on equity of 25.47%.

Emerson Radio Company Profile

(Get Free Report)

Emerson Radio Corp. is a consumer electronics company that develops, sources and distributes products under the Emerson brand. Its product offerings have included televisions, audio equipment, Bluetooth speakers, radios and other entertainment products, along with selected household and kitchen appliances.

The company primarily operates through brand licensing, product sourcing and distribution rather than extensive in-house manufacturing. Emerson-branded products are sold through retail and online channels, serving consumers in the United States and, through licensing and distribution arrangements, select international markets.

Emerson is a longstanding American consumer electronics brand with roots in radio and television products.

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