Energys Group Ltd (NASDAQ:ENGS) Short Interest Up 217.1% in July

Energys Group Ltd (NASDAQ:ENGS) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 24,267 shares, an increase of 217.1% from the June 30th total of 7,652 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,285,581 shares, the days-to-cover ratio is presently 0.0 days.

Energys Group Trading Up 1.1%

Energys Group stock traded up $0.03 during trading on Friday, hitting $2.67. The company’s stock had a trading volume of 1,002,866 shares, compared to its average volume of 952,460. The stock has a fifty day moving average price of $2.14. Energys Group has a 1-year low of $0.57 and a 1-year high of $12.48.

Energys Group (NASDAQ:ENGS) last released its earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $2.09 million during the quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ENGS shares. Wall Street Zen raised shares of Energys Group from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings restated a “sell (e+)” rating on shares of Energys Group in a research report on Tuesday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Energys Group

We are an energy service company based in the United Kingdom with over 23 years of experience in deploying energy-saving technologies and services. We principally provide end-to-end customized solutions and services that involve retrofitting existing infrastructures to help public and private organizations reduce their CO2 emissions and save money. Our headquarters is located in the United Kingdom. We also have offices located in Hong Kong from which EGL(HK) conducts research and development and GAI and NVL engage in the procurement of lighting and other products, which are then sold to ECSL, our United Kingdom Operating Subsidiary.