ESGL Holdings Limited (NASDAQ:ESGL) Short Interest Update

by · The Markets Daily

ESGL Holdings Limited (NASDAQ:ESGL – Get Free Report) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 17,926 shares, a drop of 21.0% from the December 15th total of 22,694 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 2.7 days. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 2.7 days. Currently, 0.2% of the company’s stock are short sold.

ESGL Price Performance

Shares of NASDAQ ESGL remained flat at $4.00 during mid-day trading on Friday. The company had a trading volume of 27,568 shares, compared to its average volume of 10,196. The stock’s fifty day moving average price is $3.92 and its 200 day moving average price is $3.55. ESGL has a 52-week low of $0.90 and a 52-week high of $4.32.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ESGL in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, ESGL currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on ESGL

Hedge Funds Weigh In On ESGL

A hedge fund recently bought a new stake in ESGL stock. Citadel Advisors LLC acquired a new stake in shares of ESGL Holdings Limited (NASDAQ:ESGL – Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 16,623 shares of the company’s stock, valued at approximately $64,000.

About ESGL

(Get Free Report)

ESGL Holdings Limited provides waste solutions. It regenerates industrial waste into circular products using technologies and renewable energy. The company was founded in 1999 and is based in Singapore.

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