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

Focus Universal, Inc. (NASDAQ:FCUV) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 15,150 shares, a decrease of 45.5% from the August 15th total of 27,808 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average trading volume of 241,597 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Focus Universal

An institutional investor recently bought a new stake in Focus Universal stock. Citadel Advisors LLC acquired a new position in shares of Focus Universal, Inc. (NASDAQ:FCUV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,539 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned 1.65% of Focus Universal as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 4.42% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on FCUV shares. Wall Street Zen raised Focus Universal to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings upgraded Focus Universal from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Focus Universal Stock Performance

Shares of NASDAQ FCUV traded down $0.03 during mid-day trading on Tuesday, hitting $5.42. The company had a trading volume of 38,671 shares, compared to its average volume of 1,465,641. Focus Universal has a 12 month low of $1.79 and a 12 month high of $210.00. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.44 and a quick ratio of 2.34. The firm has a market cap of $3.81 million, a P/E ratio of -0.36 and a beta of -0.65. The business’s 50-day simple moving average is $6.81 and its 200-day simple moving average is $8.12.

Focus Universal (NASDAQ:FCUV) last announced its quarterly earnings data on Friday, August 14th. The company reported ($2.69) EPS for the quarter, missing analysts’ consensus estimates of ($1.33) by ($1.36). The firm had revenue of $0.68 million during the quarter, compared to the consensus estimate of $0.40 million. Focus Universal had a negative return on equity of 151.07% and a negative net margin of 637.15%.

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.