Enersys

ENS

EnerSys is a stored energy solutions provider for industrial applications. EnerSys manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Motive power batteries and chargers are utilized in electric forklift trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including medical, aerospace and defense systems. With the Alpha acquisition, EnerSys expanded its portfolio to become a fully integrated DC power and energy storage solution provider for broadband, telecom and energy storage systems. Outdoor equipment enclosure products are utilized in the telecommunication, cable, utility, transportation industries and by government and defense customers. EnerSys provides aftermarket and customer support services to customers from over 100 countries through their sales and manufacturing locations around the world.

Enersys has been a target of short sellers for a while. The current short interest of 7.68% is significantly above the average of the last 12 months (4.18%).