Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Up 55.5% in November

Energy Focus, Inc. (NASDAQ:EFOI) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 36,700 shares, an increase of 55.5% from the October 31st total of 23,600 shares. Based on an average daily trading volume, of 9,900 shares, the short-interest ratio is currently 3.7 days. Currently, 0.8% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Energy Focus in a research note on Tuesday. They issued a “sell” rating on the stock.

Energy Focus Trading Up 0.7 %

Shares of NASDAQ:EFOI traded up $0.01 on Friday, reaching $1.46. 4,985 shares of the company’s stock were exchanged, compared to its average volume of 74,291. The company has a fifty day moving average of $1.29 and a 200-day moving average of $1.42. Energy Focus has a twelve month low of $1.14 and a twelve month high of $2.90. The company has a market capitalization of $7.68 million, a price-to-earnings ratio of -4.14 and a beta of 1.78.

About Energy Focus

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.