EnerSyn Global Inc (NASDAQ:ESYN) Stock Short Interest Drops 39.2%

EnerSyn Global Inc (NASDAQ:ESYN) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 24,947 shares, a decline of 39.2% from the September 30th total of 41,034 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 15,560 shares, the short-interest ratio is currently 1.6 days.

EnerSyn Global Price Performance

NASDAQ:ESYN opened at $1.66 on Tuesday. EnerSyn Global has a 52-week low of $0.88 and a 52-week high of $2.81. The stock has a fifty day simple moving average of $2.26 and a 200-day simple moving average of $1.58. The company has a market capitalization of $12.83 million, a PE ratio of -4.37 and a beta of -0.25.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of EnerSyn Global in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, EnerSyn Global currently has a consensus rating of “Sell”.

EnerSyn Global Company Profile

HWH International, Inc is a diversified holding company focused on businesses in the health and wellness, food and beverage, real estate, and technology sectors. Through its subsidiaries and affiliated businesses, the company seeks to develop and operate lifestyle-oriented products, services, and properties.

HWH International’s activities include health and wellness offerings, food and beverage concepts, real estate development and management, and technology-enabled business initiatives.