Energys Group Ltd (NASDAQ:ENGS) Sees Significant Increase in Short Interest

Energys Group Ltd (NASDAQ:ENGS) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,098,651 shares, a growth of 217.1% from the October 15th total of 346,415 shares. Currently, 7.7% of the shares of the company are short sold. Based on an average daily trading volume, of 6,248,643 shares, the days-to-cover ratio is presently 0.2 days.

Energys Group Price Performance

Energys Group stock traded down $0.12 during trading on Friday, reaching $0.36. The company had a trading volume of 6,487,727 shares, compared to its average volume of 1,473,129. Energys Group has a 52 week low of $0.34 and a 52 week high of $5.00. The firm’s 50-day simple moving average is $3.41 and its 200 day simple moving average is $2.15.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Energys Group in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Energys Group has an average rating of “Sell”.

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.