Energy Services of America Co. (NASDAQ:ESOA) Short Interest Update

Energy Services of America Co. (NASDAQ:ESOA) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 137,100 shares, an increase of 9.4% from the May 31st total of 125,300 shares. Based on an average daily volume of 154,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.3% of the shares of the company are sold short.

Energy Services of America Trading Down 2.7 %

Shares of NASDAQ ESOA opened at $6.97 on Tuesday. The stock has a fifty day moving average of $7.04 and a 200-day moving average of $7.14. Energy Services of America has a fifty-two week low of $2.66 and a fifty-two week high of $9.49.

Energy Services of America (NASDAQ:ESOA) last announced its quarterly earnings results on Wednesday, May 8th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.16). The firm had revenue of $71.13 million during the quarter, compared to analysts’ expectations of $73.40 million.

Institutional Investors Weigh In On Energy Services of America

Large investors have recently added to or reduced their stakes in the business. M. Kulyk & Associates LLC purchased a new position in shares of Energy Services of America during the fourth quarter worth about $62,000. Quadrature Capital Ltd bought a new position in Energy Services of America in the first quarter valued at $106,000. CreativeOne Wealth LLC purchased a new stake in Energy Services of America during the first quarter valued at about $109,000. LSV Asset Management bought a new stake in Energy Services of America during the first quarter worth about $116,000. Finally, Advisor Resource Council purchased a new position in shares of Energy Services of America in the 1st quarter worth about $126,000. Institutional investors own 2.13% of the company’s stock.

About Energy Services of America

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.