Universal Entertainment Co. (OTCMKTS:UETMF) Sees Large Decline in Short Interest

Universal Entertainment Co. (OTCMKTS:UETMF) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 38,200 shares, a decrease of 19.2% from the November 15th total of 47,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Universal Entertainment Stock Performance

Shares of OTCMKTS:UETMF opened at $9.44 on Friday. The firm’s 50 day simple moving average is $9.44 and its 200 day simple moving average is $10.33. Universal Entertainment has a fifty-two week low of $9.38 and a fifty-two week high of $9.44.

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.