Universal Entertainment Co. (OTCMKTS:UETMF) Sees Large Drop in Short Interest

Universal Entertainment Co. (OTCMKTS:UETMF) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 25,900 shares, a decrease of 37.3% from the February 13th total of 41,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 259.0 days.

Universal Entertainment Stock Performance

OTCMKTS:UETMF opened at $6.88 on Friday. The firm’s fifty day moving average is $7.69 and its two-hundred day moving average is $8.88. The firm has a market cap of $533.14 million, a price-to-earnings ratio of -5.37 and a beta of 0.21. Universal Entertainment has a one year low of $6.88 and a one year high of $7.29.

Universal Entertainment Company Profile

Universal Entertainment Corporation, together with its subsidiaries, manufactures, develops, and sells pachislot and pachinko machines in Japan, Philippines, and internationally. The company operates in two segments, Amusement Equipment Business, and Integrated Resort Business. The company also develops and provides Falcon X, a peripheral system; Hot Stadium, a digital signage system; Universal Kingdom, a membership website for Android; and Slots Street, a social casino game; as well as operates OKADA MANILA, a casino resort in the Philippines.