Envirostar Inc (NYSEAMERICAN:EVI) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 718,393 shares, a growth of 1.8% from the October 15th total of 705,803 shares. Approximately 20.0% of the shares of the company are short sold. Based on an average daily volume of 13,521 shares, the short-interest ratio is presently 53.1 days.

Shares of NYSEAMERICAN:EVI opened at $34.70 on Friday. Envirostar has a 1-year low of $25.15 and a 1-year high of $48.45.

Envirostar (NYSEAMERICAN:EVI) last issued its earnings results on Thursday, September 13th. The industrial products company reported $0.06 earnings per share for the quarter. The business had revenue of $44.01 million for the quarter.

Several large investors have recently modified their holdings of the business. Conestoga Capital Advisors LLC raised its holdings in shares of Envirostar by 20.0% during the third quarter. Conestoga Capital Advisors LLC now owns 514,975 shares of the industrial products company’s stock worth $20,058,000 after purchasing an additional 85,988 shares during the period. BlackRock Inc. raised its holdings in shares of Envirostar by 2.6% during the third quarter. BlackRock Inc. now owns 194,348 shares of the industrial products company’s stock worth $7,571,000 after purchasing an additional 4,969 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Envirostar by 22.3% during the third quarter. Bank of New York Mellon Corp now owns 13,635 shares of the industrial products company’s stock worth $531,000 after purchasing an additional 2,486 shares during the period. Finally, Raymond James & Associates acquired a new stake in shares of Envirostar during the second quarter worth $504,000.

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About Envirostar

EnviroStar, Inc, through its subsidiaries, distributes commercial, industrial, and vended laundry and dry cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company offers commercial and industrial laundry equipment, including washers and dryers, tunnel systems, and coin-operated machines; finishing equipment, such as feeders, flatwork ironers, automatic sheet folders, and stackers; and material handling equipment comprising conveyor and rail systems.

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