Aura Systems, Inc. (OTCMKTS:AUSI) Short Interest Down 58.3% in May

Aura Systems, Inc. (OTCMKTS:AUSI) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 4,500 shares, a decline of 58.3% from the May 15th total of 10,800 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is presently 0.3 days.

Aura Systems Stock Performance

AUSI stock remained flat at $0.44 during trading on Friday. The company’s stock had a trading volume of 10 shares, compared to its average volume of 11,388. The firm’s 50-day simple moving average is $0.32 and its 200 day simple moving average is $0.21. Aura Systems has a 1 year low of $0.14 and a 1 year 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.