Short Interest in Energys Group Ltd (NASDAQ:ENGS) Declines By 66.0%

Energys Group Ltd (NASDAQ:ENGS) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,652 shares, a decline of 66.0% from the June 15th total of 22,525 shares. Based on an average daily volume of 718,272 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are short sold.

Energys Group Trading Up 1.6%

Shares of Energys Group stock traded up $0.04 during trading on Tuesday, reaching $2.94. 2,528,604 shares of the stock were exchanged, compared to its average volume of 349,323. Energys Group has a 1 year low of $0.57 and a 1 year high of $12.48. The stock’s fifty day moving average is $1.91.

Energys Group (NASDAQ:ENGS) last announced its quarterly earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $2.09 million during the quarter.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Energys Group in a report on Friday, April 24th. Wall Street Zen upgraded shares of Energys Group from a “sell” rating to a “hold” rating in a report on Sunday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

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.