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

Aura Systems, Inc. (OTCMKTS:AUSI) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 2,900 shares, a decline of 58.0% from the June 15th total of 6,900 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is currently 0.1 days.

Aura Systems Trading Down 6.5 %

Shares of Aura Systems stock traded down $0.02 during trading hours on Friday, reaching $0.26. 3,230 shares of the stock traded hands, compared to its average volume of 11,985. The company has a 50 day moving average price of $0.37 and a 200 day moving average price of $0.24. Aura Systems has a one year low of $0.14 and a one 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.