Universal Entertainment Corp. (OTCMKTS:UETMF) Short Interest Down 73.5% in July

Universal Entertainment Corp. (OTCMKTS:UETMF) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 17,672 shares, a decline of 73.5% from the July 15th total of 66,772 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.0% of the company’s stock are sold short.

Universal Entertainment Stock Performance

Shares of UETMF opened at $4.17 on Thursday. Universal Entertainment has a 1 year low of $3.87 and a 1 year high of $4.17. The stock has a market capitalization of $323.13 million, a PE ratio of -0.22 and a beta of 0.49. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.51 and a current ratio of 2.24. The stock has a 50-day simple moving average of $4.11 and a 200-day simple moving average of $5.66.

Universal Entertainment (OTCMKTS:UETMF) last issued its earnings results on Friday, August 7th. The company reported $0.12 earnings per share for the quarter. Universal Entertainment had a negative net margin of 162.37% and a positive return on equity of 2.08%. The firm had revenue of $302.02 million for the quarter.

About Universal Entertainment

Universal Entertainment Corporation, trading on the OTC market under the symbol UETMF, is a Japan‐based provider of gaming machines and integrated resort services. Headquartered in Tokyo, the company designs, manufactures and markets a broad range of electronic gaming equipment for domestic pachinko parlors and global casino operators. Its product portfolio includes pachinko and pachislot units for the Japanese market as well as high-end slot machines and digital gaming platforms tailored to international jurisdictions.

At the heart of Universal Entertainment’s operations lies its research and development division, which focuses on hardware engineering and gaming software design.