Empro Group Inc. (NASDAQ:EMPG) Short Interest Down 44.9% in September

Key Points

• Empro Group Inc. (NASDAQ:EMPG) saw a significant decline in short interest, dropping by 44.9% in September, with total short interest at 70,900 shares as of September 15th.
• Despite the decline in short interest, Empro Group has a consensus rating of "Sell" from analysts, with only one research analyst rating it a Sell and others giving it a Hold rating.
• The company's stock increased by 2.5%, closing at $17.10, compared to its one-year low of $2.55 and high of $18.14.

Empro Group Inc. (NASDAQ:EMPG - Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 70,900 shares, a decline of 44.9% from the August 31st total of 128,600 shares. Based on an average daily trading volume, of 600,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 2.6% of the company's stock are sold short. Approximately 2.6% of the company's stock are sold short. Based on an average daily trading volume, of 600,600 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

A number of analysts have recently commented on EMPG shares. Wall Street Zen raised shares of Empro Group to a "hold" rating in a research report on Monday, July 14th. Weiss Ratings reissued a "sell (e)" rating on shares of Empro Group in a research report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Empro Group has a consensus rating of "Sell".

Empro Group Stock Up 2.5%

Shares of EMPG stock traded up $0.41 during trading on Friday, reaching $17.10. The company's stock had a trading volume of 332,366 shares, compared to its average volume of 444,639. Empro Group has a one year low of $2.55 and a one year high of $18.14. The firm's fifty day moving average is $10.13.

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.

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