EnerSyn Global Inc (NASDAQ:ESYN) Sees Large Drop in Short Interest

EnerSyn Global Inc (NASDAQ:ESYN) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 24,947 shares, a drop of 39.2% from the September 30th total of 41,034 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average daily volume of 15,560 shares, the short-interest ratio is presently 1.6 days.

EnerSyn Global Price Performance

EnerSyn Global stock opened at $1.75 on Friday. The stock has a market capitalization of $13.53 million, a PE ratio of -4.61 and a beta of -0.25. EnerSyn Global has a 12 month low of $0.88 and a 12 month high of $2.81. The business has a 50 day simple moving average of $2.27 and a 200-day simple moving average of $1.58.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of EnerSyn Global in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.

About EnerSyn Global

HWH International, Inc is a diversified holding company focused on businesses in the health and wellness, food and beverage, real estate, and technology sectors. Through its subsidiaries and affiliated businesses, the company seeks to develop and operate lifestyle-oriented products, services, and properties.

HWH International’s activities include health and wellness offerings, food and beverage concepts, real estate development and management, and technology-enabled business initiatives.