Energys Group Ltd (NASDAQ:ENGS) Short Interest Update

Energys Group Ltd (NASDAQ:ENGS) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 329,760 shares, an increase of 1,258.9% from the July 15th total of 24,267 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average trading volume of 913,934 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ENGS. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Energys Group in a report on Tuesday, July 21st. Wall Street Zen upgraded Energys Group from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Energys Group currently has a consensus rating of “Sell”.

Energys Group Stock Performance

ENGS opened at $2.76 on Wednesday. Energys Group has a 1-year low of $0.57 and a 1-year high of $12.48. The business has a 50 day simple moving average of $2.42.

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

Energys Group Company Profile

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.