Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Update

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a large growth in short interest in the month of 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. Currently, 20.8% of the shares of the company are short sold. Based on an average daily trading volume, of 10,640,387 shares, the short-interest ratio is presently 0.0 days.

Focus Universal Trading Down 8.9%

FCUV stock traded down $0.28 during trading hours on Wednesday, hitting $2.94. 18,138 shares of the stock were exchanged, 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 P/E ratio of -0.14 and a beta of -0.45. The company has a 50-day simple moving average of $3.30 and a two-hundred day simple moving average of $14.95.

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

Analysts Set New Price Targets

Several research firms have weighed in on FCUV. Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a report on Wednesday, June 24th. Wall Street Zen cut Focus Universal to a “strong sell” rating in a report on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Focus Universal

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.