Empro Group Inc. (NASDAQ:EMPG) Short Interest Update

Empro Group Inc. (NASDAQ:EMPG) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 70,900 shares, a drop of 44.9% from the August 31st total of 128,600 shares. Based on an average daily volume of 600,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 2.6% of the shares of the company are short sold. Approximately 2.6% of the shares of the company are short sold. Based on an average daily volume of 600,600 shares, the days-to-cover ratio is currently 0.1 days.

Empro Group Stock Performance

Empro Group stock traded down $0.07 during midday trading on Monday, reaching $17.03. The company’s stock had a trading volume of 81,766 shares, compared to its average volume of 564,494. Empro Group has a fifty-two week low of $2.55 and a fifty-two week high of $18.14. The company’s 50 day simple moving average is $10.13.

Wall Street Analysts Forecast Growth

EMPG has been the subject of several recent research reports. Wall Street Zen raised Empro Group to a “hold” rating in a report on Monday, July 14th. Weiss Ratings reaffirmed a “sell (e)” rating on shares of Empro Group in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Empro Group presently has a consensus rating of “Sell”.

About Empro Group

Under the leadership of our founder, Yeoh Chee Wei, our company has steadily and successfully transcended its humble origins in the beauty industry during an operating history that spans nearly two decades. Our business is operated through our wholly-owned Malaysian subsidiary, EMP Solution, which was formed and commenced operations in 2005.