Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Down 80.4% in July

Energy Focus, Inc. (NASDAQ:EFOI) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,000 shares, adeclineof80.4% from the July 15th total of 5,100 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.1 days. Approximately0.0% of the company’s stock are sold short. Approximately0.0% of the company’s stock are sold short. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen initiated coverage on Energy Focus in a research report on Wednesday, May 21st. They issued a “sell” rating on the stock.

Energy Focus Price Performance

Shares of NASDAQ:EFOI opened at $1.94 on Friday. Energy Focus has a 1 year low of $1.14 and a 1 year high of $2.95. The company has a market cap of $10.61 million, a P/E ratio of -9.70 and a beta of 1.54. The stock’s fifty day moving average price is $2.11 and its 200-day moving average price is $1.94.

Energy Focus (NASDAQ:EFOI) last issued its earnings results on Tuesday, August 12th. The construction company reported ($0.04) earnings per share for the quarter. The business had revenue of $1.14 million during the quarter. Energy Focus had a negative return on equity of 37.67% and a negative net margin of 26.19%.

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.