Short Interest in Ushio Inc. (OTCMKTS:UHOIF) Drops By 23.3%

Ushio Inc. (OTCMKTS:UHOIF) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 143,600 shares, a decline of 23.3% from the February 13th total of 187,300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 359.0 days.

Ushio Price Performance

Shares of Ushio stock opened at $12.96 on Tuesday. Ushio has a twelve month low of $11.86 and a twelve month high of $14.30. The company’s fifty day moving average is $12.91 and its 200 day moving average is $13.44.

Ushio Company Profile

Ushio, Inc engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others.