ENGlobal Co. (NASDAQ:ENG) Short Interest Down 82.1% in November

ENGlobal Co. (NASDAQ:ENG) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decline of 82.1% from the October 31st total of 6,700 shares. Based on an average daily volume of 19,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

ENGlobal Trading Up 0.0 %

Shares of NASDAQ ENG traded up $0.00 during midday trading on Friday, hitting $1.34. The company’s stock had a trading volume of 11,272 shares, compared to its average volume of 18,507. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.30. The business’s fifty day simple moving average is $1.33 and its two-hundred day simple moving average is $1.44.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on ENGlobal in a report on Friday, November 22nd. They issued a “sell” rating on the stock.

About ENGlobal

ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates in two segments, Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management, and execution of projects requiring professional engineering and related project management services.