Aura Systems, Inc. (OTCMKTS:AUSI) Sees Significant Increase in Short Interest

Aura Systems, Inc. (OTCMKTS:AUSI) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 19,900 shares, a growth of 437.8% from the August 31st total of 3,700 shares. Based on an average trading volume of 38,200 shares, the days-to-cover ratio is currently 0.5 days.

Aura Systems Price Performance

OTCMKTS AUSI traded up $0.04 during trading hours on Wednesday, hitting $0.30. The company’s stock had a trading volume of 308 shares, compared to its average volume of 12,634. Aura Systems has a 12 month low of $0.14 and a 12 month high of $0.49. The company’s 50 day simple moving average is $0.28 and its two-hundred day simple moving average is $0.28.

About Aura Systems

Aura Systems, Inc designs, assembles, tests, and sells proprietary and patented axial flux induction machines worldwide. It offers mobile induction power systems, including AuraGen for commercial and industrial applications, and VIPER for military applications. The company's products are also used in induction motor and mobile and remote power applications.