Empro Group Inc. (NASDAQ:EMPG) Short Interest Up 99.6% in December

Empro Group Inc. (NASDAQ:EMPG) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 114,721 shares, a growth of 99.6% from the December 15th total of 57,478 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 1.4% of the company’s stock are short sold.

Empro Group Stock Down 2.3%

EMPG opened at $17.36 on Friday. Empro Group has a 52 week low of $2.55 and a 52 week high of $18.14. The firm’s 50-day moving average is $17.36.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Empro Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

About Empro Group

Under the leadership of our founder, Yeoh Chee Wei, our company has steadily and successfully transcended its humble origins in the beauty industry during an operating history that spans nearly two decades. Our business is operated through our wholly-owned Malaysian subsidiary, EMP Solution, which was formed and commenced operations in 2005. We have secured exclusive distributorships with original equipment manufacturers in Asia, which enable us to distribute and market our healthcare and beauty products throughout the ASEAN region and in Europe.