Universal Power Industry Co. (OTCMKTS:UPIN) Short interest update

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Universal Power Industry Co. (OTCMKTS:UPIN – Get Rating) was the target of a significant spike in short interest in May. As of May 31st, there was short interest totaling 11,700 shares, an increase of 225.0% from May 15th of 3,600 shares. Based on an average daily trading volume of 129,700 shares, the days-to-cover ratio is currently 0.1 days.

OTCMKTS:UPIN opened at $0.03 on Friday. The stock’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.06. Universal Power Industry has a 12-month low of $0.02 and a 12-month high of $0.28.

About Universal Power Industry (get rating)

Universal Power Industry Corporation designs, imports and sells apparel under the Indigo People brand. It also identifies and acquires residential land for development and low-income commercial properties; and sells firefighting products. The company was formerly known as Code Navy and changed its name to Universal Power Industry Corporation in April 2016.

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