Ushio Inc. (OTCMKTS:UHOIF) Short Interest Up 22.1% in March

Ushio Inc. (OTCMKTS:UHOIF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 175,400 shares, a growth of 22.1% from the February 28th total of 143,600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 877.0 days.

Ushio Stock Performance

Shares of OTCMKTS UHOIF opened at $14.63 on Wednesday. The firm has a 50 day moving average of $13.26 and a 200 day moving average of $13.55. Ushio has a 12-month low of $11.86 and a 12-month high of $14.63.

Ushio Company Profile

Ushio, Inc engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others.