Energys Group Ltd (NASDAQ:ENGS) Stock Short Interest Drops 45.4%

Energys Group Ltd (NASDAQ:ENGS) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 334,141 shares, a drop of 45.4% from the August 31st total of 612,376 shares. Based on an average daily trading volume, of 1,356,112 shares, the short-interest ratio is presently 0.2 days. Currently, 2.3% of the company’s shares are sold short.

Energys Group Stock Performance

Energys Group stock traded up $0.05 during trading hours on Wednesday, reaching $3.04. 2,071,521 shares of the company’s stock were exchanged, compared to its average volume of 2,062,795. The firm’s 50 day simple moving average is $2.80 and its 200 day simple moving average is $2.07. Energys Group has a twelve month low of $0.57 and a twelve month high of $12.48.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Energys Group in a research note on Tuesday, July 21st. Wall Street Zen raised Energys Group from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Energys Group Company Profile

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.