Short Interest in Empro Group Inc. (NASDAQ:EMPG) Rises By 99.6%

Empro Group Inc. (NASDAQ:EMPG) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 114,721 shares, a growth of 99.6% from the December 15th total of 57,478 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Currently, 1.4% of the shares of the company are short sold.

Empro Group Price Performance

Empro Group stock traded down $0.40 on Friday, hitting $17.36. The company’s stock had a trading volume of 386,600 shares. Empro Group has a one year low of $2.55 and a one year high of $18.14. The firm has a fifty day simple moving average of $17.36.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Empro Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Empro Group has an average rating of “Sell”.

About Empro Group

Under the leadership of our founder, Yeoh Chee Wei, our company has steadily and successfully transcended its humble origins in the beauty industry during an operating history that spans nearly two decades. Our business is operated through our wholly-owned Malaysian subsidiary, EMP Solution, which was formed and commenced operations in 2005. We have secured exclusive distributorships with original equipment manufacturers in Asia, which enable us to distribute and market our healthcare and beauty products throughout the ASEAN region and in Europe.