Short Interest in Aura Systems, Inc. (OTCMKTS:AUSI) Declines By 61.5%

Aura Systems, Inc. (OTCMKTS:AUSI) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 6,090 shares, a drop of 61.5% from the January 15th total of 15,838 shares. Based on an average daily trading volume, of 31,598 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 31,598 shares, the short-interest ratio is presently 0.2 days.

Aura Systems Stock Performance

Shares of AUSI stock opened at $0.10 on Wednesday. Aura Systems has a fifty-two week low of $0.06 and a fifty-two week high of $0.48. The stock’s 50-day simple moving average is $0.10 and its 200-day simple moving average is $0.18.

About Aura Systems

Aura Systems, Inc (OTCMKTS:AUSI) is a niche provider of wireless communication products and radio frequency (RF) solutions. The company focuses on the design and manufacture of broadband wireless access systems, including point-to-multipoint radios, RF power amplifiers, and related subsystems. Its product portfolio serves both commercial and government customers, offering secure and high-capacity links for data, voice and video transmission over licensed and unlicensed frequency bands.

Founded in the early 1980s and headquartered in Calabasas, California, Aura Systems has developed expertise in integrating RF front-end modules for wireless local area networks (WLAN), wide area networks (WAN) and private radio networks.