Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Up 437.0% in February

Energy Focus, Inc. (NASDAQ:EFOI) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 98,800 shares, an increase of 437.0% from the February 13th total of 18,400 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average trading volume of 1,240,000 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Energy Focus in a report on Monday. They issued a “sell” rating on the stock.

Energy Focus Price Performance

EFOI traded up $0.04 during trading on Thursday, reaching $2.29. 7,036 shares of the company’s stock were exchanged, compared to its average volume of 1,681,298. The company’s fifty day simple moving average is $1.65 and its 200-day simple moving average is $1.44. The stock has a market capitalization of $12.05 million, a P/E ratio of -5.87 and a beta of 1.73. Energy Focus has a 1 year low of $1.14 and a 1 year high of $2.95.

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.