Energy Focus, Inc. (NASDAQ:EFOI – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 22,700 shares, an increase of 16.4% from the September 15th total of 19,500 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 5,700 shares, the short-interest ratio is presently 4.0 days.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Energy Focus in a research note on Wednesday, October 9th. They issued a “sell” rating for the company.
Check Out Our Latest Stock Analysis on EFOI
Energy Focus Stock Performance
Energy Focus (NASDAQ:EFOI – Get Free Report) last posted its quarterly earnings data on Monday, August 12th. The construction company reported ($0.12) EPS for the quarter. The company had revenue of $1.55 million during the quarter. Energy Focus had a negative return on equity of 86.25% and a negative net margin of 45.19%.
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.
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