Short Interest in Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) Decreases By 50.6% – TechNewsObserver

Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 7,600 shares, a decline of 50.6% from the September 30th total of 15,400 shares. Based on an average daily trading volume, of 39,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are short sold.

Shares of NYSEAMERICAN UUU traded up $0.02 during mid-day trading on Monday, hitting $0.70. The stock had a trading volume of 15,569 shares, compared to its average volume of 41,252. Universal Security Instruments has a 1 year low of $0.65 and a 1 year high of $1.95.

Universal Security Instruments (NYSEAMERICAN:UUU) last issued its earnings results on Monday, August 19th. The company reported ($0.26) EPS for the quarter. The company had revenue of $4.34 million for the quarter.

About Universal Security Instruments

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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