Short Interest in Aura Systems, Inc. (OTCMKTS:AUSI) Declines By 54.3%

Aura Systems, Inc. (OTCMKTS:AUSI) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 2,100 shares, a drop of 54.3% from the February 28th total of 4,600 shares. Based on an average daily volume of 48,200 shares, the days-to-cover ratio is currently 0.0 days.

Aura Systems Stock Performance

OTCMKTS:AUSI opened at $0.33 on Friday. The firm’s fifty day moving average price is $0.38 and its 200 day moving average price is $0.32. Aura Systems has a 1-year low of $0.15 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.