Short interest in Envela Corp (AMEX:ELA) decreased during the last reporting period, falling from 473.85K to 452.26K. This put 6.7% of the company's publicly available shares short.

Based on the recent average volume of 97.27K shares traded per day, it would take 4.65 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.