Energy Focus, Inc. (NASDAQ:EFOI) Short Interest Down 6.2% in December

Energy Focus, Inc. (NASDAQ:EFOI) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 24,100 shares, a decline of 6.2% from the November 30th total of 25,700 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 2.5 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Energy Focus in a report on Saturday, December 28th. They set a “sell” rating for the company.

Energy Focus Stock Performance

Shares of EFOI stock opened at $1.19 on Thursday. Energy Focus has a fifty-two week low of $1.14 and a fifty-two week high of $2.90. The company has a 50 day moving average price of $1.32 and a 200 day moving average price of $1.35. The stock has a market capitalization of $6.26 million, a P/E ratio of -3.05 and a beta of 1.80.

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.