Short Interest in Emerson Radio Corp. (NYSEAMERICAN:MSN) Decreases By 27.7%

Emerson Radio Corp. (NYSEAMERICAN:MSN) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 111,000 shares, a decrease of 27.7% from the November 30th total of 153,500 shares. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is currently 8.5 days. Approximately 1.9% of the company’s shares are sold short.

Emerson Radio Stock Down 0.3 %

MSN stock traded down $0.00 during midday trading on Friday, reaching $0.43. 9,297 shares of the company’s stock traded hands, compared to its average volume of 16,616. Emerson Radio has a fifty-two week low of $0.35 and a fifty-two week high of $0.83.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Emerson Radio in a report on Tuesday, December 17th. They issued a “sell” rating on the stock.

Emerson Radio Company Profile

Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It offers houseware products, such as microwave ovens, compact refrigerators, and toaster ovens; audio products, including clock radios, Bluetooth speakers, karaoke machines, and wireless charging products; and other products comprising televisions, massagers, and security products.