Cellcom Israel, Ltd. (OTCMKTS:CELJF) Sees Significant Growth in Short Interest

Cellcom Israel, Ltd. (OTCMKTS:CELJF) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 17,863 shares, a growth of 2,781.1% from the December 31st total of 620 shares. Based on an average daily volume of 1,103 shares, the days-to-cover ratio is presently 16.2 days. Based on an average daily volume of 1,103 shares, the days-to-cover ratio is presently 16.2 days.

Cellcom Israel Price Performance

Shares of OTCMKTS CELJF traded up $0.43 during trading hours on Tuesday, reaching $12.32. The stock had a trading volume of 1,614 shares, compared to its average volume of 569. Cellcom Israel has a twelve month low of $3.00 and a twelve month high of $13.42. The business’s fifty day moving average is $11.49 and its two-hundred day moving average is $10.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68.

Cellcom Israel (OTCMKTS:CELJF) last posted its quarterly earnings results on Monday, January 12th. The company reported $0.13 earnings per share for the quarter. Cellcom Israel had a net margin of 5.98% and a return on equity of 10.12%. The firm had revenue of $307.28 million for the quarter.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is a leading provider of wireless telecommunications services in Israel. Established in 1994 and headquartered in Netanya, the company operates one of the country’s most extensive cellular networks. Through its infrastructure, Cellcom delivers voice, messaging and data solutions to a broad customer base that includes individual consumers, small businesses and large enterprises.

The company’s core offerings encompass mobile voice plans, high-speed 4G and 5G data connectivity, international roaming and value-added content services.