ETS’s Lock-Up Period Will End on February 17th (NASDAQ:ETS)

ETS’s (NASDAQ:ETS) lock-up period is set to expire on Tuesday, February 17th. ETS had issued 3,800,000 shares in its initial public offering on August 21st. The total size of the offering was $15,200,000 based on an initial share price of $4.00. After the end of ETS’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on shares of ETS in a research report on Wednesday, January 14th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

ETS Stock Down 3.1%

ETS stock opened at $0.48 on Friday. ETS has a 12 month low of $0.48 and a 12 month high of $4.23.

More ETS News

Here are the key news stories impacting ETS this week:

• Neutral Sentiment: Short-interest reporting appears inconsistent in the data feed: the notices state a “significant increase in short interest” for February but show 0 shares short and a days-to-cover of 0.0 — this looks like a reporting or parsing anomaly rather than a clear, verifiable change. Investors should treat the raw numbers with caution and await the official FINRA/DTCC settlement-period report for confirmation.
• Negative Sentiment: Headline language claiming a large rise in short interest (even if the published count is currently 0) can itself trigger selling or deter buyers. If short interest actually rose, that would increase downward pressure on ETS’s already low-priced, low‑liquidity stock and helps explain today’s weakness. Monitor updated short-interest releases and intraday volume for confirmation of real selling pressure.

ETS Company Profile

Elite Express Holding Inc is a holding company which conducts its operations through its wholly owned subsidiary, JAR Transportation Inc It provides last-mile delivery services, primarily focused on transporting packages from distribution centers to end customers. Elite Express Holding Inc is based in LAGUNA HILLS, Calif.