Universal Entertainment Corp. (OTCMKTS:UETMF) Sees Large Decrease in Short Interest

Universal Entertainment Corp. (OTCMKTS:UETMF) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 5,072 shares, a decrease of 36.8% from the September 30th total of 8,021 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 5 shares, the short-interest ratio is currently 1,014.4 days.

Universal Entertainment Stock Performance

UETMF stock opened at $4.40 on Tuesday. The company has a market capitalization of $340.96 million, a PE ratio of -0.24 and a beta of 0.49. Universal Entertainment has a 12 month low of $3.87 and a 12 month high of $4.40. The firm’s 50-day moving average is $4.34 and its 200 day moving average is $5.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.13 and a quick ratio of 1.49.

Universal Entertainment (OTCMKTS:UETMF) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.12 earnings per share for the quarter. The company 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 gaming-machine business includes hardware, software and related content designed for Japan’s amusement and gaming halls, with products built around original themes, licensed characters and proprietary game systems.

The company also has an international resort and casino business through its Philippine operations. Its principal property is Okada Manila, an integrated resort in Entertainment City, Parañaque, that includes casino gaming, hotel accommodations, restaurants, retail areas, entertainment venues and other leisure facilities.