Ushio Inc. (OTCMKTS:UHOIF – Get Free Report) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 61,229 shares, a drop of 73.8% from the May 14th total of 234,056 shares. Based on an average trading volume of 224 shares, the days-to-cover ratio is currently 273.3 days.
Ushio Price Performance
Ushio stock opened at $24.41 on Friday. Ushio has a one year low of $9.50 and a one year high of $25.37. The business’s fifty day moving average is $21.15 and its 200 day moving average is $18.72.
About Ushio
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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