Universal Entertainment Co. (OTCMKTS:UETMF) Short Interest Down 37.3% in February

Universal Entertainment Co. (OTCMKTS:UETMF) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 25,900 shares, a drop of 37.3% from the February 13th total of 41,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 259.0 days. Currently, 0.0% of the company’s shares are short sold.

Universal Entertainment Price Performance

Shares of OTCMKTS UETMF remained flat at $6.88 during midday trading on Friday. Universal Entertainment has a 12 month low of $6.88 and a 12 month high of $7.29. The company’s 50-day simple moving average is $7.69 and its 200-day simple moving average is $8.86. The company has a market capitalization of $533.14 million, a P/E ratio of -5.37 and a beta of 0.21.

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.