Emerson Radio Corp. (NYSEAMERICAN:MSN) Short Interest Update

Emerson Radio Corp. (NYSEAMERICAN:MSN) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 1,300 shares, a decline of 23.5% from the March 15th total of 1,700 shares. Based on an average daily trading volume, of 8,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Emerson Radio Stock Down 3.6 %

Shares of Emerson Radio stock traded down $0.02 during trading on Monday, reaching $0.53. 13,717 shares of the company were exchanged, compared to its average volume of 8,658. Emerson Radio has a twelve month low of $0.47 and a twelve month high of $0.64.

Emerson Radio (NYSEAMERICAN:MSN) last posted its earnings results on Tuesday, February 20th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $2.62 million for the quarter. Emerson Radio had a negative return on equity of 5.84% and a net margin of 20.14%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Emerson Radio in a report on Thursday. They set a “sell” rating for the company.

About Emerson Radio

Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It offers houseware products, such as microwave ovens, compact refrigerators, and toaster ovens; audio products, including clock radios, Bluetooth speakers, karaoke machines, and wireless charging products; and other products comprising televisions, lithium batteries, massagers, and security products.