Empro Group Inc. (NASDAQ:EMPG) Sees Large Growth in Short Interest

Empro Group Inc. (NASDAQ:EMPG) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 114,721 shares, a growth of 99.6% from the December 15th total of 57,478 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 1.4% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Empro Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Empro Group currently has a consensus rating of “Sell”.

Empro Group Price Performance

Shares of NASDAQ EMPG traded down $0.40 during midday trading on Thursday, reaching $17.36. 386,600 shares of the stock were exchanged. The firm has a 50-day moving average price of $17.36. Empro Group has a twelve month low of $2.55 and a twelve month high of $18.14.

About Empro Group

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. We have secured exclusive distributorships with original equipment manufacturers in Asia, which enable us to distribute and market our healthcare and beauty products throughout the ASEAN region and in Europe.