Aura Systems, Inc. (OTCMKTS:AUSI) Sees Large Drop in Short Interest

Aura Systems, Inc. (OTCMKTS:AUSI) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 2,800 shares, a decline of 33.3% from the November 15th total of 4,200 shares. Based on an average daily volume of 43,500 shares, the short-interest ratio is currently 0.1 days.

Aura Systems Price Performance

Shares of OTCMKTS:AUSI opened at $0.24 on Friday. The business’s 50 day moving average is $0.27 and its 200 day moving average is $0.30. Aura Systems has a 12-month low of $0.14 and a 12-month high of $0.49.

Aura Systems Company Profile

Aura Systems, Inc designs, assembles, tests, and sells proprietary and patented axial flux induction machines worldwide. It offers mobile induction power systems, including AuraGen for commercial and industrial applications, and VIPER for military applications. The company's products are also used in induction motor and mobile and remote power applications.