ESGL Holdings Limited (NASDAQ:ESGL) Short Interest Down 23.5% in February

ESGL Holdings Limited (NASDAQ:ESGLGet Free Report) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 9,042 shares, a decrease of 23.5% from the January 29th total of 11,820 shares. Based on an average daily trading volume, of 2,398 shares, the days-to-cover ratio is currently 3.8 days. Based on an average daily trading volume, of 2,398 shares, the days-to-cover ratio is currently 3.8 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ESGL in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, ESGL currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on ESGL

Institutional Investors Weigh In On ESGL

An institutional investor recently bought a new position in ESGL stock. Citadel Advisors LLC acquired a new stake in ESGL Holdings Limited (NASDAQ:ESGLFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 16,623 shares of the company’s stock, valued at approximately $64,000.

ESGL Stock Performance

Shares of NASDAQ:ESGL traded down $0.14 during mid-day trading on Monday, reaching $2.90. 279 shares of the company were exchanged, compared to its average volume of 7,767. ESGL has a 1 year low of $1.16 and a 1 year high of $4.32. The firm’s 50-day simple moving average is $3.63 and its 200 day simple moving average is $3.64.

ESGL Company Profile

(Get Free Report)

ESGL Holdings Limited provides waste solutions. It regenerates industrial waste into circular products using technologies and renewable energy. The company was founded in 1999 and is based in Singapore.

Further Reading

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