Energys Group Ltd (NASDAQ:ENGS) Short Interest Update

Energys Group Ltd (NASDAQ:ENGS) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 329,760 shares, a growth of 1,258.9% from the July 15th total of 24,267 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average trading volume of 913,934 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ENGS. Wall Street Zen raised shares of 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 research note on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Energys Group currently has an average rating of “Sell”.

Energys Group Price Performance

Shares of Energys Group stock traded down $0.05 during trading hours on Tuesday, hitting $2.76. The company’s stock had a trading volume of 230,444 shares, compared to its average volume of 1,212,847. The stock has a 50 day simple moving average of $2.42. Energys Group has a 12 month low of $0.57 and a 12 month high of $12.48.

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

Energys Group Company Profile

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.