Energy Focus, Inc. (NASDAQ:EFOI) Sees Large Growth in Short Interest

Energy Focus, Inc. (NASDAQ:EFOI) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 9,588 shares, an increase of 169.7% from the November 30th total of 3,555 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 25,134 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 25,134 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Energy Focus in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Energy Focus has an average rating of “Sell”.

Energy Focus Stock Performance

Shares of NASDAQ:EFOI traded down $0.04 on Friday, hitting $2.29. The company’s stock had a trading volume of 5,468 shares, compared to its average volume of 339,154. The company has a market capitalization of $13.12 million, a price-to-earnings ratio of -13.29 and a beta of 1.45. Energy Focus has a 12 month low of $1.19 and a 12 month high of $3.56. The stock’s 50-day moving average is $2.41 and its two-hundred day moving average is $2.39.

Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings data on Wednesday, November 12th. The construction company reported ($0.03) earnings per share for the quarter. The company had revenue of $0.83 million during the quarter. Energy Focus had a negative return on equity of 32.96% and a negative net margin of 24.97%.

Hedge Funds Weigh In On Energy Focus

A hedge fund recently bought a new stake in Energy Focus stock. Citadel Advisors LLC acquired a new position in shares of Energy Focus, Inc. (NASDAQ:EFOI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,181 shares of the construction company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned 0.23% of Energy Focus at the end of the most recent quarter. Institutional investors own 3.67% of the company’s stock.

About Energy Focus

Energy Focus, Inc is a United States–based innovator in sustainable lighting and disinfection solutions. The company designs, manufactures and sells high-performance LED lighting fixtures and lamps tailored for commercial, industrial and specialty applications. In addition to energy-efficient illumination products, Energy Focus offers ultraviolet-C (UV-C) germicidal lighting systems designed to inactivate microbes on surfaces and in the air, addressing growing demand for hygienic environments in healthcare, education, transportation and other sectors.

Founded in 1985 as a spin-out of U.S.