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

Energys Group Ltd (NASDAQ:ENGS) was the recipient of a significant growth in short interest during 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 daily volume of 1,285,581 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the company’s shares are short sold.

Energys Group Stock Performance

NASDAQ ENGS traded up $0.03 during mid-day trading on Friday, hitting $2.67. The company’s stock had a trading volume of 1,002,866 shares, compared to its average volume of 952,460. Energys Group has a 52-week low of $0.57 and a 52-week high of $12.48. The company has a fifty day moving average price of $2.14.

Energys Group (NASDAQ:ENGS) last released its quarterly earnings data 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.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Energys Group in a research note on Tuesday. Wall Street Zen upgraded Energys Group from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, 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.