Energys Group Ltd (NASDAQ:ENGS) Short Interest Up 319.3% in August

Energys Group Ltd (NASDAQ:ENGSGet Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 612,376 shares, a growth of 319.3% from the August 15th total of 146,053 shares. Based on an average daily trading volume, of 1,215,003 shares, the days-to-cover ratio is presently 0.5 days. Approximately 4.3% of the shares of the company are short sold.

Energys Group Price Performance

Shares of NASDAQ ENGS traded up $0.02 during mid-day trading on Friday, reaching $2.92. 593,126 shares of the company traded hands, compared to its average volume of 1,200,382. Energys Group has a fifty-two week low of $0.57 and a fifty-two week high of $12.48. The stock has a fifty day simple moving average of $2.77 and a 200-day simple moving average of $1.88.

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ENGS shares. Wall Street Zen raised Energys Group from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings reissued a “sell (e+)” rating on shares of Energys Group in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on ENGS

About Energys Group

(Get Free Report)

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.

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