Short Interest in Focus Universal, Inc. (NASDAQ:FCUV) Decreases By 45.5%

Focus Universal, Inc. (NASDAQ:FCUVGet Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 15,150 shares, a decrease of 45.5% from the August 15th total of 27,808 shares. Based on an average daily volume of 241,597 shares, the short-interest ratio is presently 0.1 days. Approximately 2.8% of the company’s shares are sold short.

Institutional Investors Weigh In On Focus Universal

An institutional investor recently bought a new position in Focus Universal stock. Citadel Advisors LLC purchased a new position in Focus Universal, Inc. (NASDAQ:FCUVFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,539 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned about 1.65% of Focus Universal at the end of the most recent quarter. 4.42% of the stock is currently owned by institutional investors.

Focus Universal Stock Down 0.5%

NASDAQ:FCUV traded down $0.03 on Tuesday, hitting $5.42. 38,671 shares of the company’s stock traded hands, compared to its average volume of 1,465,641. The company has a market cap of $3.81 million, a PE ratio of -0.36 and a beta of -0.65. Focus Universal has a 1 year low of $1.79 and a 1 year high of $210.00. The company has a current ratio of 2.44, a quick ratio of 2.34 and a debt-to-equity ratio of 1.33. The firm has a 50-day moving average price of $6.81 and a 200-day moving average price of $8.12.

Focus Universal (NASDAQ:FCUVGet Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($2.69) earnings per share (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 company had revenue of $0.68 million during the quarter, compared to analysts’ expectations of $0.40 million.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FCUV. Weiss Ratings raised Focus Universal from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, September 3rd. Wall Street Zen raised shares of Focus Universal to a “hold” rating in a research note on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Focus Universal presently has a consensus rating of “Sell”.

Check Out Our Latest Report on Focus Universal

Focus Universal Company Profile

(Get Free Report)

Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.

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