Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Update

Focus Universal, Inc. (NASDAQ:FCUV) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 25,299 shares, a growth of 67.0% from the August 31st total of 15,150 shares. Based on an average daily trading volume, of 483,708 shares, the days-to-cover ratio is presently 0.1 days. Approximately 4.7% of the shares of the stock are sold short.

Hedge Funds Weigh In On Focus Universal

A hedge fund recently bought a new position in Focus Universal stock. Citadel Advisors LLC purchased a new position in shares of Focus Universal, Inc. (NASDAQ:FCUV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,539 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned approximately 1.65% of Focus Universal at the end of the most recent quarter. 4.42% of the stock is currently owned by hedge funds and other institutional investors.

Focus Universal Trading Up 7.5%

Shares of NASDAQ:FCUV traded up $0.31 during trading on Thursday, hitting $4.46. The company had a trading volume of 24,482 shares, compared to its average volume of 1,374,947. Focus Universal has a one year low of $1.79 and a one year high of $210.00. The stock has a market cap of $3.12 million, a price-to-earnings ratio of -0.30 and a beta of -0.65. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.44 and a quick ratio of 2.34. The company has a fifty day simple moving average of $7.31 and a two-hundred day simple moving average of $6.91.

Focus Universal (NASDAQ:FCUV) last released its quarterly earnings results on Friday, August 14th. The company reported ($2.69) EPS for the quarter, missing analysts’ consensus estimates of ($1.33) by ($1.36). Focus Universal had a negative return on equity of 151.07% and a negative net margin of 637.15%.The firm had revenue of $0.68 million for the quarter, compared to analysts’ expectations of $0.40 million.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on FCUV shares. Weiss Ratings cut shares of Focus Universal from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, September 18th. Wall Street Zen lowered Focus Universal from a “hold” rating to a “sell” rating in a research report on Saturday, September 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

About Focus Universal

Focus Universal Inc (NASDAQ: FCUV) is a technology company focused on developing hardware and software solutions for the Internet of Things (IoT), wireless connectivity, and data monitoring. The company’s offerings are designed to connect sensors and devices, collect information, and support the remote monitoring and management of physical environments.

Its technology portfolio includes the Ubiquitor universal wireless sensor platform, which is intended to support multiple types of sensors and applications through a flexible wireless communications infrastructure.