ENGlobal Co. (NASDAQ:ENG) Short Interest Update

ENGlobal Co. (NASDAQ:ENG) was the target 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 19,900 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

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

ENGlobal Stock Performance

ENG remained flat at $1.34 on Wednesday. The company had a trading volume of 20,011 shares, compared to its average volume of 18,538. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.30. The firm has a 50-day moving average of $1.33 and a 200 day moving average of $1.45.

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.