Short Interest in Energy Focus, Inc. (NASDAQ:EFOI) Grows By 55.5%

Energy Focus, Inc. (NASDAQ:EFOI) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 36,700 shares, an increase of 55.5% from the October 31st total of 23,600 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is currently 3.7 days. Approximately 0.8% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Energy Focus in a research note on Tuesday, November 26th. They issued a “sell” rating on the stock.

Energy Focus Stock Performance

Shares of Energy Focus stock traded up $0.04 during trading hours on Friday, hitting $1.49. The company’s stock had a trading volume of 5,618 shares, compared to its average volume of 17,160. Energy Focus has a twelve month low of $1.14 and a twelve month high of $2.90. The firm has a fifty day moving average of $1.30 and a 200-day moving average of $1.42.

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.