Short Interest in Aura Systems, Inc. (OTCMKTS:AUSI) Declines By 21.7%

Aura Systems, Inc. (OTCMKTS:AUSI) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 36,900 shares, a drop of 21.7% from the January 15th total of 47,100 shares. Based on an average daily volume of 146,300 shares, the days-to-cover ratio is currently 0.3 days.

Aura Systems Price Performance

Shares of AUSI opened at $0.39 on Friday. Aura Systems has a one year low of $0.15 and a one year high of $0.49. The business’s 50 day simple moving average is $0.33 and its 200-day simple moving average is $0.30.

About Aura Systems

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.