Emerson Radio Corp. (NYSEAMERICAN:MSN) Short Interest Down 20.6% in April
decline of 15.8% from the March 31st total of 43,500 shares. Based on an average daily trading volume, of 274,400 shares, the short-interest ratio is presently 0.1 days. Emerson Radio's stock fell after short interest in the company increased in April.
() saw a significant decline in short interest during the month of April. On April 15, there were 36,700 short shares. This is a decrease of 20,6% from the total 46,200 shares on March 31st. The short-interest ratio, based on an average daily volume of 12,200 share, is 3.0 days. About 0.6% of a company's shares are short-sold.
Emerson Radio Price Performance
The price of the stock remained unchanged at $0.53 on Monday during trading. The stock was traded 5,508 times, as opposed to the average of 12,670. The company released its last earnings report on February 14th. The company reported ($0.01) per share earnings for the quarter. The company generated revenue of $1.93m during the quarter. Emerson Radio's return on equity was negative at 14.29%, and its net margin was negative at 43.15%.
Emerson Radio Company Profile
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Emerson Radio Corp. designs, sources, imports, and markets a wide range of consumer electronics and houseware products. It also licenses its trademarks on a global basis. Emerson Radio Corp.'s products include microwaves, compact fridges, wine products and toaster-ovens. It also offers Bluetooth speakers, wireless charging as well as massagers.
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