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

Universal Entertainment Co. (OTCMKTS:UETMF) saw a significant decrease in short interest during the month of 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 daily volume of 0 shares, the short-interest ratio is presently ? days.

Universal Entertainment Price Performance

UETMF opened at $9.44 on Friday. The firm has a market cap of $757.09 million, a P/E ratio of -7.37 and a beta of 0.23. Universal Entertainment has a 52 week low of $9.38 and a 52 week high of $9.44. The business’s fifty day simple moving average is $9.44 and its 200 day simple moving average is $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.