Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Drops By 20.3%

Zeo Energy Corp. (NASDAQ:ZEO) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 30,600 shares, a drop of 20.3% from the March 31st total of 38,400 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 392,100 shares, the short-interest ratio is presently 0.1 days.

Zeo Energy Stock Performance

NASDAQ ZEO opened at $1.73 on Friday. Zeo Energy has a fifty-two week low of $1.05 and a fifty-two week high of $5.25. The firm has a market capitalization of $85.22 million, a P/E ratio of -1.24 and a beta of -0.56. The stock has a 50-day simple moving average of $1.64 and a two-hundred day simple moving average of $1.90.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zeo Energy stock. XTX Topco Ltd bought a new stake in shares of Zeo Energy Corp. (NASDAQ:ZEO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,126 shares of the company’s stock, valued at approximately $42,000.

About Zeo Energy

Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes.