Empro Group Inc. (NASDAQ:EMPG) Sees Significant Drop in Short Interest

Empro Group Inc. (NASDAQ:EMPG) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 57,478 shares, a decrease of 49.9% from the December 31st total of 114,721 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.7% of the company’s stock are short sold. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Empro Group Price Performance

Shares of NASDAQ:EMPG opened at $17.36 on Thursday. The company’s 50-day moving average is $17.36 and its 200 day moving average is $13.92. Empro Group has a fifty-two week low of $2.55 and a fifty-two week high of $18.14.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Empro Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Empro Group Company Profile

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.