Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Up 82.0% in January

Energy Focus, Inc. (NASDAQ:EFOI) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 20,886 shares, an increase of 82.0% from the January 15th total of 11,473 shares. Based on an average daily trading volume, of 11,705 shares, the short-interest ratio is currently 1.8 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,705 shares, the short-interest ratio is currently 1.8 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Energy Focus in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. DRW Securities LLC acquired a new position in Energy Focus during the 4th quarter worth about $37,000. Citadel Advisors LLC bought a new position in shares of Energy Focus during the third quarter worth about $37,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Energy Focus in the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 3.67% of the company’s stock.

Energy Focus Price Performance

EFOI stock traded up $0.10 during mid-day trading on Friday, hitting $1.81. The stock had a trading volume of 9,394 shares, compared to its average volume of 32,564. The firm has a fifty day simple moving average of $2.22 and a 200 day simple moving average of $2.41. Energy Focus has a 52 week low of $1.21 and a 52 week high of $3.56.

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

Energy Focus Company Profile

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.