Aura Systems, Inc. (OTCMKTS:AUSI) Sees Significant Decrease in Short Interest

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

Aura Systems Trading Down 5.0 %

OTCMKTS:AUSI opened at $0.29 on Wednesday. The firm’s fifty day moving average price is $0.30 and its two-hundred day moving average price is $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.