Universal Entertainment Corp. (OTCMKTS:UETMF) Stock Short Interest Falls 77.5%

Universal Entertainment Corp. (OTCMKTS:UETMF) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 8,021 shares, a decrease of 77.5% from the September 15th total of 35,703 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Universal Entertainment Stock Performance

Shares of OTCMKTS:UETMF opened at $4.40 on Tuesday. Universal Entertainment has a one year low of $3.87 and a one year high of $4.40. The firm has a market cap of $340.96 million, a PE ratio of -0.24 and a beta of 0.49. The firm’s 50 day simple moving average is $4.27 and its 200-day simple moving average is $4.97. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.49 and a current ratio of 2.13.

Universal Entertainment (OTCMKTS:UETMF) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $302.02 million during the quarter. Universal Entertainment had a negative net margin of 162.37% and a positive return on equity of 2.77%.

Universal Entertainment Company Profile

Universal Entertainment Corporation is a Japan-based entertainment company that develops, manufactures and sells pachinko and pachislot machines. Its products are designed for Japan’s amusement and gaming-machine market and include electronic gaming systems, cabinet hardware and related software and content.

The company also has interests in the casino and resort business through Tiger Resort, Leisure and Entertainment, Inc, which operates Okada Manila, an integrated resort in the Philippines.