Ushio Inc. (OTCMKTS:UHOIF) Short Interest Up 16.7% in April

Ushio Inc. (OTCMKTS:UHOIF – Get Rating) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 73,500 shares, an increase of 16.7% from the March 31st total of 63,000 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is presently 17.5 days.

Shares of OTCMKTS UHOIF opened at $12.74 on Wednesday. Ushio has a 12 month low of $12.64 and a 12 month high of $20.17. The business has a fifty day simple moving average of $14.32 and a 200-day simple moving average of $16.69.

Ushio Company Profile (Get Rating)

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.

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