Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 141,973 shares, a growth of 205.8% from the October 15th total of 46,422 shares. Based on an average daily trading volume, of 504,014 shares, the days-to-cover ratio is currently 0.3 days. Approximately 6.9% of the company’s stock are short sold.
UUU opened at $1.23 on Friday. Universal Security Instruments has a fifty-two week low of $1.05 and a fifty-two week high of $3.50.
Universal Security Instruments (NYSEAMERICAN:UUU) last released its quarterly earnings results on Monday, August 20th. The company reported ($0.19) earnings per share for the quarter. The company had revenue of $4.05 million for the quarter.
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Universal Security Instruments Company Profile
Universal Security Instruments, Inc, together with its subsidiary, designs, markets, and distributes safety and security products for use in homes and businesses in the United States and internationally. The company offers a line of safety alarms, including units powered by replaceable batteries, sealed batteries, and electrical batteries with battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ground fault circuit interrupters, and ventilation products.
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