Empro Group Inc. (NASDAQ:EMPG – Get Free Report) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 57,478 shares, a drop of 49.9% from the December 31st total of 114,721 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Empro Group Trading Down 2.3%
Shares of Empro Group stock opened at $17.36 on Thursday. The stock has a fifty day simple moving average of $17.36 and a 200 day simple moving average of $13.92. Empro Group has a 12-month low of $2.55 and a 12-month high of $18.14.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Empro Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus 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.
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