Short Interest in Energys Group Ltd (NASDAQ:ENGS) Expands By 217.1%

Energys Group Ltd (NASDAQ:ENGS) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 24,267 shares, a growth of 217.1% from the June 30th total of 7,652 shares. Based on an average trading volume of 1,285,581 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.2% of the shares of the company are sold short.

Energys Group Stock Up 0.3%

Energys Group stock traded up $0.01 during midday trading on Tuesday, hitting $2.73. The company’s stock had a trading volume of 1,990,041 shares, compared to its average volume of 397,516. Energys Group has a 1-year low of $0.57 and a 1-year high of $12.48. The company has a 50-day simple moving average of $2.17.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ENGS. Wall Street Zen upgraded Energys Group from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Energys Group in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

About Energys Group

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.