EVI Industries, Inc. (NYSEAMERICAN:EVI) Short Interest Up 6.2% in June

EVI Industries, Inc. (NYSEAMERICAN:EVI) saw a significant growth in short interest in the month of 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 shares of the stock are short sold. Based on an average daily volume of 12,000 shares, the short-interest ratio is currently 14.5 days.

EVI Industries Stock Up 2.1 %

Shares of EVI Industries stock opened at $19.05 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The company has a market cap of $241.55 million, a PE ratio of 51.49 and a beta of 0.38. EVI Industries has a 1-year low of $16.00 and a 1-year high of $28.65.

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

Institutional Trading of EVI Industries

Large investors have recently bought and sold shares of the business. American International Group Inc. lifted its stake in shares of 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 acquiring an additional 838 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in EVI Industries by 42.8% during the 1st quarter. BNP Paribas Financial Markets now owns 4,850 shares of the industrial products company’s stock worth $121,000 after buying an additional 1,454 shares during the period. Carmel Capital Partners LLC grew its position in shares of EVI Industries by 489.9% in the 4th 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. increased its stake in shares of EVI Industries by 4.0% in the third quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock valued at $825,000 after buying an additional 1,288 shares during the period. Finally, Comerica Bank raised its position in shares of EVI Industries by 10.8% during the fourth 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. 37.30% of the stock is owned by institutional investors and hedge funds.

About EVI Industries

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.