Traders are a little more bullish recently looking at the downtick in short interest. The company realized a fall in short interest of -6.77% as of October 13, 2017 from the last reporting period. Short shares fell from 471,116 to 439,211 over that timeframe. Days to cover increased from 18.0 to 27.0 and the percentage of shorted shares is 0.04% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (EFOI). Ubs Group Ag expanded its position by buying 3,203 shares an increase of 404.4%. Ubs Group Ag controls 3,995 shares valued at $11,000. The total value of its holdings increased 266.7%. Cutler Group LP reduced its stake by selling 1,500 shares a decrease of 27.8% from 06/30/2017 to 09/30/2017. Cutler Group LP currently owns 3,900 shares with a value of $8,000. The value of the position overall is down by 38.5%.
Simplex Trading, LLC trimmed its investment by selling 1,845 shares a decrease of 84.0% in the quarter. Simplex Trading, LLC claims 352 shares worth $0. The value of the position overall is down by 100.0%. Wealthtrust Axiom LLC bolstered its holdings by buying 36,150 shares an increase of 8.5% as of 09/30/2017. Wealthtrust Axiom LLC now holds 461,144 shares valued at $1,258,000. The value of the position overall is up by 12.6%.
On November 9 HC Wainwright left the stock rating at “Buy” targeting a price of $6.00. November 9 investment analysts at B. Riley made no change to the stock rating of “Hold” with a current price target of $3.00.
On October 6 analysts at Roth Capital updated its forecast on EFOI and giving a rating of “Hold” and setting a price target of $2.00. August 10 investment analysts at HC Wainwright left the company rating at “Buy” projecting a price of $6.00.
The company is so far trading unchanged by 0.00% since yesterday’s close of 2.72. Energy Focus Cmn’s P/E ratio is N/A and market capitalization is 32.25M. As of the latest earnings report the EPS was $-1.47 with 11.86M shares now outstanding.
Energy Focus, Inc., launched on May 2, 2007, along with its subsidiaries is involved in the design, development, manufacturing, marketing, installation and sale of lighting systems. The Company is involved in developing and selling of light-emitting diode (LED) lighting products for military maritime market, and general commercial and industrial markets..