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

Energys Group Ltd (NASDAQ:ENGS) was the recipient 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. Based on an average daily trading volume, of 1,215,003 shares, the days-to-cover ratio is currently 0.5 days. Approximately 4.3% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

ENGS has been the subject of a number of research reports. Weiss Ratings reissued 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 research report on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Energys Group has a consensus rating of “Sell”.

Energys Group Price Performance

ENGS opened at $2.92 on Friday. Energys Group has a 52-week low of $0.57 and a 52-week high of $12.48. The business’s fifty day moving average is $2.77 and its 200-day moving average is $1.88.

Energys Group (NASDAQ:ENGS) last posted its quarterly earnings results on Tuesday, June 30th. The company reported ($0.08) EPS for the quarter. The company 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.