Urban One, Inc. (NASDAQ:UONE) Short Interest Down 62.4% in July

Urban One, Inc. (NASDAQ:UONE) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 131,800 shares, a decline of 62.4% from the June 30th total of 350,400 shares. Based on an average daily volume of 161,900 shares, the days-to-cover ratio is currently 0.8 days.

Urban One Stock Down 1.8 %

Urban One stock traded down $0.04 during midday trading on Friday, hitting $2.17. 40,268 shares of the company were exchanged, compared to its average volume of 156,376. The company’s fifty day moving average price is $2.07 and its 200-day moving average price is $2.58. The company has a market cap of $107.79 million, a PE ratio of 12.76 and a beta of 0.96. The company has a debt-to-equity ratio of 2.25, a current ratio of 2.95 and a quick ratio of 2.95. Urban One has a fifty-two week low of $1.67 and a fifty-two week high of $6.05.

Urban One (NASDAQ:UONE) last released its quarterly earnings results on Friday, June 7th. The company reported $0.15 EPS for the quarter. The firm had revenue of $104.41 million for the quarter. Urban One had a return on equity of 34.66% and a net margin of 2.64%.

About Urban One

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.