Focus Universal, Inc. (NASDAQ:FCUV) Sees Large Growth in Short Interest

Focus Universal, Inc. (NASDAQ:FCUV – Get Free Report) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 112,681 shares, a growth of 112.6% from the June 15th total of 53,009 shares. Based on an average trading volume of 10,640,387 shares, the short-interest ratio is currently 0.0 days. Currently, 20.8% of the company’s stock are short sold.

Wall Street Analyst Weigh In

FCUV has been the subject of a number of analyst reports. Wall Street Zen downgraded Focus Universal to a “strong sell” rating in a research note on Saturday, July 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Focus Universal in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

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Focus Universal Stock Down 8.9%

Shares of FCUV stock traded down $0.28 on Wednesday, reaching $2.94. The stock had a trading volume of 18,138 shares, compared to its average volume of 985,724. Focus Universal has a 12 month low of $1.84 and a 12 month high of $210.00. The firm has a market capitalization of $2.05 million, a price-to-earnings ratio of -0.14 and a beta of -0.45. The firm’s 50-day moving average is $3.30 and its two-hundred day moving average is $14.95.

Focus Universal (NASDAQ:FCUV – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($1.48) EPS for the quarter, topping analysts’ consensus estimates of ($5.33) by $3.85. The business had revenue of $0.05 million during the quarter, compared to analysts’ expectations of $0.40 million. Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.

About Focus Universal

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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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