Ushio Inc. (OTCMKTS:UHOIF) Sees Large Decline in Short Interest

Ushio Inc. (OTCMKTS:UHOIFGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 75,777 shares, a drop of 49.3% from the June 30th total of 149,454 shares. Based on an average daily trading volume, of 24 shares, the short-interest ratio is currently 3,157.4 days.

Ushio Stock Performance

UHOIF stock opened at $24.48 on Thursday. The company has a fifty day moving average of $26.95 and a 200-day moving average of $21.36. Ushio has a one year low of $9.50 and a one year high of $28.65.

Ushio Company Profile

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Ushio Inc (OTCMKTS: UHOIF) is a Tokyo-based manufacturer specializing in advanced lighting solutions and related technologies. Since its founding in 1964, the company has developed a broad portfolio of light sources—ranging from halogen, LED and discharge lamps to specialized metal halide and xenon lamps—serving projection, industrial, medical and entertainment applications. Ushio’s expertise in optical design and lamp engineering underpins its position as a supplier to original equipment manufacturers (OEMs) in the semiconductor, cinema, healthcare and scientific research sectors.

Beyond its core lamp business, Ushio offers laser systems and digital projection equipment.

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