Energys Group Ltd (NASDAQ:ENGS) Short Interest Up 319.3% in August

Energys Group Ltd (NASDAQ:ENGS) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 612,376 shares, an increase of 319.3% from the August 15th total of 146,053 shares. Approximately 4.3% of the shares of the company are short sold. Based on an average trading volume of 1,215,003 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

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

Energys Group Price Performance

Shares of NASDAQ ENGS opened at $2.92 on Monday. The firm’s 50-day moving average price is $2.77 and its two-hundred day moving average price is $1.89. Energys Group has a 52-week low of $0.57 and a 52-week high of $12.48.

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

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.