Aura Systems, Inc. (OTCMKTS:AUSI) Sees Large Decline in Short Interest

Aura Systems, Inc. (OTCMKTS:AUSI) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 4,200 shares, a decrease of 64.1% from the October 31st total of 11,700 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is presently 0.3 days.

Aura Systems Price Performance

Shares of AUSI stock remained flat at $0.28 during midday trading on Friday. Aura Systems has a 12-month low of $0.14 and a 12-month high of $0.49. The firm’s fifty day moving average is $0.28 and its 200 day moving average is $0.31.

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.