EVI Industries, Inc. (NYSEAMERICAN:EVI) Short Interest Update

EVI Industries, Inc. (NYSEAMERICAN:EVI) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 173,900 shares, a growth of 6.2% from the May 31st total of 163,700 shares. Currently, 3.4% of the company’s stock are sold short. Based on an average trading volume of 12,000 shares, the short-interest ratio is presently 14.5 days.

EVI Industries Price Performance

Shares of EVI stock opened at $19.05 on Thursday. EVI Industries has a 12 month low of $16.00 and a 12 month high of $28.65. The firm has a market capitalization of $241.55 million, a PE ratio of 51.49 and a beta of 0.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.80 and a current ratio of 1.53.

EVI Industries (NYSEAMERICAN:EVI) last issued its quarterly earnings results on Thursday, May 9th. The industrial products company reported $0.06 EPS for the quarter. The firm had revenue of $83.98 million for the quarter. EVI Industries had a net margin of 1.53% and a return on equity of 4.13%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. American International Group Inc. lifted its stake in EVI Industries by 35.6% in the 1st quarter. American International Group Inc. now owns 3,195 shares of the industrial products company’s stock valued at $80,000 after purchasing an additional 838 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of EVI Industries by 42.8% in the first quarter. BNP Paribas Financial Markets now owns 4,850 shares of the industrial products company’s stock valued at $121,000 after buying an additional 1,454 shares during the last quarter. Carmel Capital Partners LLC lifted its position in shares of EVI Industries by 489.9% in the fourth quarter. Carmel Capital Partners LLC now owns 11,060 shares of the industrial products company’s stock valued at $262,000 after buying an additional 9,185 shares during the last quarter. Natixis Advisors L.P. boosted its stake in shares of EVI Industries by 4.0% during the 3rd quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock worth $825,000 after acquiring an additional 1,288 shares during the period. Finally, Comerica Bank increased its holdings in shares of EVI Industries by 10.8% during the 4th quarter. Comerica Bank now owns 47,525 shares of the industrial products company’s stock worth $1,128,000 after acquiring an additional 4,650 shares during the last quarter. Institutional investors and hedge funds own 37.30% of the company’s stock.

EVI Industries Company Profile

EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.