Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Up 55.5% in November

Energy Focus, Inc. (NASDAQ:EFOI) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 36,700 shares, an increase of 55.5% from the October 31st total of 23,600 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is currently 3.7 days. Currently, 0.8% of the shares of the stock are short sold.

Energy Focus Trading Up 0.7 %

NASDAQ:EFOI traded up $0.01 on Friday, hitting $1.46. The company had a trading volume of 4,985 shares, compared to its average volume of 74,291. The stock has a market capitalization of $7.68 million, a price-to-earnings ratio of -4.14 and a beta of 1.78. The firm has a 50 day moving average of $1.29 and a two-hundred day moving average of $1.42. Energy Focus has a 52 week low of $1.14 and a 52 week high of $2.90.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Energy Focus in a report on Tuesday. They set a “sell” rating for the company.

Energy Focus Company Profile

Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies.