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

Universal Entertainment Co. (OTCMKTS:UETMF) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 27,100 shares, a decrease of 29.1% from the November 30th total of 38,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Universal Entertainment Stock Performance

OTCMKTS:UETMF opened at $9.44 on Friday. The stock has a market capitalization of $757.09 million, a price-to-earnings ratio of -7.37 and a beta of 0.23. Universal Entertainment has a 1 year low of $9.38 and a 1 year high of $9.44. The stock has a fifty day moving average price of $9.44 and a two-hundred day moving average price of $10.20.

About Universal Entertainment

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.