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

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

Ushio Stock Performance

UHOIF opened at $12.96 on Monday. Ushio has a 12 month low of $11.86 and a 12 month high of $14.30. The stock has a 50-day moving average of $12.91 and a 200 day moving average of $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.