Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Update

Energy Focus, Inc. (NASDAQ:EFOI) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 98,800 shares, a growth of 437.0% from the February 13th total of 18,400 shares. Approximately 1.9% of the company’s stock are short sold. Based on an average daily volume of 1,240,000 shares, the short-interest ratio is currently 0.1 days.

Energy Focus Stock Up 4.7 %

Shares of EFOI traded up $0.10 during trading hours on Wednesday, reaching $2.25. The company’s stock had a trading volume of 14,209 shares, compared to its average volume of 1,716,880. The firm has a market cap of $11.84 million, a price-to-earnings ratio of -5.77 and a beta of 1.73. The company has a 50 day moving average of $1.63 and a two-hundred day moving average of $1.43. Energy Focus has a 1-year low of $1.14 and a 1-year high of $2.95.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Energy Focus in a report on Monday. They set a “sell” rating on the stock.

About Energy Focus

Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies.