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

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

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of ENGlobal in a research report on Friday, November 22nd. They issued a “sell” rating for the company.

ENGlobal Stock Up 0.0 %

Shares of ENG traded up $0.00 during trading hours on Friday, hitting $1.34. 11,272 shares of the stock were exchanged, compared to its average volume of 18,507. The stock’s 50-day moving average price is $1.33 and its two-hundred day moving average price is $1.44. ENGlobal has a 12-month low of $1.01 and a 12-month high of $2.30.

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.