Ushio Inc. (OTCMKTS:UHOIF) Short Interest Update

Ushio Inc. (OTCMKTS:UHOIF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 171,400 shares, a drop of 63.7% from the September 30th total of 472,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Ushio Stock Performance

Shares of UHOIF stock remained flat at $14.23 during mid-day trading on Friday. The company’s 50-day moving average is $13.62 and its two-hundred day moving average is $13.03. Ushio has a twelve month low of $11.86 and a twelve month high of $14.25.

Ushio Company Profile

Ushio, Inc engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others.