Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Update

Energy Focus, Inc. (NASDAQ:EFOI) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 9,588 shares, a growth of 169.7% from the November 30th total of 3,555 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 25,134 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 25,134 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

Energy Focus Price Performance

Shares of NASDAQ:EFOI opened at $2.25 on Friday. Energy Focus has a 12 month low of $1.19 and a 12 month high of $3.56. The firm has a market capitalization of $12.91 million, a P/E ratio of -13.23 and a beta of 1.45. The company’s fifty day moving average price is $2.40 and its 200 day moving average price is $2.40.

Energy Focus (NASDAQ:EFOI) last issued its quarterly earnings data on Wednesday, November 12th. The construction company reported ($0.03) earnings per share (EPS) for the quarter. Energy Focus had a negative return on equity of 32.96% and a negative net margin of 24.97%.The firm had revenue of $0.83 million for the quarter.

Institutional Investors Weigh In On Energy Focus

An institutional investor recently bought a new position in Energy Focus stock. Citadel Advisors LLC bought a new position in shares of Energy Focus, Inc. (NASDAQ:EFOI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,181 shares of the construction company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned about 0.23% of Energy Focus at the end of the most recent quarter. 3.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Energy Focus in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Energy Focus Company Profile

Energy Focus, Inc is a United States–based innovator in sustainable lighting and disinfection solutions. The company designs, manufactures and sells high-performance LED lighting fixtures and lamps tailored for commercial, industrial and specialty applications. In addition to energy-efficient illumination products, Energy Focus offers ultraviolet-C (UV-C) germicidal lighting systems designed to inactivate microbes on surfaces and in the air, addressing growing demand for hygienic environments in healthcare, education, transportation and other sectors.

Founded in 1985 as a spin-out of U.S.