EVI Industries Inc (EVI) Short Interest Update
EVI Industries Inc (NYSEAMERICAN:EVI) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 980,598 shares, a growth of 3.5% from the April 15th total of 947,849 shares. Currently, 24.8% of the company’s stock are short sold. Based on an average daily volume of 11,003 shares, the days-to-cover ratio is currently 89.1 days.
NYSEAMERICAN:EVI traded down $0.08 during mid-day trading on Tuesday, hitting $36.06. The stock had a trading volume of 19,201 shares, compared to its average volume of 20,139. EVI Industries has a twelve month low of $25.39 and a twelve month high of $48.45.
In related news, CEO Henry M. Nahmad sold 31,226 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $38.25, for a total value of $1,194,394.50. Following the sale, the chief executive officer now owns 782,993 shares of the company’s stock, valued at $29,949,482.25. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Separately, TheStreet raised shares of EVI Industries from a “c+” rating to a “b-” rating in a report on Monday, February 25th.
EVI Industries Company Profile
EVI Industries, Inc, through its subsidiaries, distributes, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, and Latin America. It also supplies related replacement parts and accessories; designs and plans laundry, dry cleaning, and boiler systems; and provides installation and maintenance services to commercial, industrial, institutional, government, and retail customers.
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