Short interest in Envela Corp (AMEX:ELA) decreased during the last reporting period, falling from 133.64K to 123.10K. This put 1.86% of the company's publicly available shares short.

Short interest for Envela gives investors a sense of the degree to which investors are betting on the decline of Envela's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 5.69K shares traded per day, it would take 21.63 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.