Energy Focus, Inc. (NASDAQ:EFOI) Sees Large Growth in Short Interest

Energy Focus, Inc. (NASDAQ:EFOI) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 9,588 shares, a growth of 169.7% from the November 30th total of 3,555 shares. Based on an average daily volume of 25,134 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 25,134 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Energy Focus in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Energy Focus Trading Down 1.9%

EFOI stock traded down $0.04 during midday trading on Friday, hitting $2.29. The stock had a trading volume of 5,468 shares, compared to its average volume of 339,154. Energy Focus has a 52 week low of $1.19 and a 52 week high of $3.56. The stock has a 50-day simple moving average of $2.41 and a 200 day simple moving average of $2.39. The firm has a market capitalization of $13.12 million, a price-to-earnings ratio of -13.29 and a beta of 1.45.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Wednesday, November 12th. The construction company reported ($0.03) EPS for the quarter. The business had revenue of $0.83 million for the quarter. Energy Focus had a negative return on equity of 32.96% and a negative net margin of 24.97%.

Institutional Investors Weigh In On Energy Focus

An institutional investor recently bought a new position in Energy Focus stock. Citadel Advisors LLC bought a new stake in Energy Focus, Inc. (NASDAQ:EFOI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,181 shares of the construction company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned about 0.23% of Energy Focus at the end of the most recent quarter. Institutional investors and hedge funds own 3.67% of the company’s stock.

Energy Focus Company Profile

Energy Focus, Inc is a United States–based innovator in sustainable lighting and disinfection solutions. The company designs, manufactures and sells high-performance LED lighting fixtures and lamps tailored for commercial, industrial and specialty applications. In addition to energy-efficient illumination products, Energy Focus offers ultraviolet-C (UV-C) germicidal lighting systems designed to inactivate microbes on surfaces and in the air, addressing growing demand for hygienic environments in healthcare, education, transportation and other sectors.

Founded in 1985 as a spin-out of U.S.