Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Update

Energy Focus, Inc. (NASDAQ:EFOI) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 20,886 shares, a growth of 82.0% from the January 15th total of 11,473 shares. Based on an average daily trading volume, of 11,705 shares, the short-interest ratio is presently 1.8 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,705 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of Energy Focus

A number of institutional investors and hedge funds have recently bought and sold shares of EFOI. Citadel Advisors LLC purchased a new stake in Energy Focus during the third quarter worth approximately $37,000. Renaissance Technologies LLC acquired a new stake in Energy Focus in the 4th quarter valued at $27,000. Finally, DRW Securities LLC purchased a new position in Energy Focus in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 3.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Energy Focus in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Energy Focus has a consensus rating of “Sell”.

Energy Focus Stock Performance

Energy Focus stock traded up $0.14 during midday trading on Friday, reaching $1.85. 8,984 shares of the company were exchanged, compared to its average volume of 27,275. The firm’s 50-day simple moving average is $2.22 and its 200-day simple moving average is $2.41. Energy Focus has a 1 year low of $1.21 and a 1 year high of $3.56. The company has a market capitalization of $10.59 million, a price-to-earnings ratio of -10.85 and a beta of 1.54.

Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings results on Wednesday, November 12th. The construction company reported ($0.03) earnings per share for the quarter. The company 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%.

About Energy Focus

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.