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

Aura Systems, Inc. (OTCMKTS:AUSI) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 11,700 shares, a drop of 45.1% from the October 15th total of 21,300 shares. Based on an average daily trading volume, of 17,700 shares, the days-to-cover ratio is presently 0.7 days.

Aura Systems Trading Down 12.3 %

OTCMKTS:AUSI opened at $0.25 on Thursday. The stock has a 50-day simple moving average of $0.29 and a 200 day simple moving average of $0.31. Aura Systems has a one year low of $0.14 and a one year high of $0.49.

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.