Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Short Interest Update

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 343 shares, a decline of 39.7% from the May 14th total of 569 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 16,027 shares, the short-interest ratio is presently 0.0 days.

Ellomay Capital Trading Up 1.9%

Shares of Ellomay Capital stock traded up $0.42 during mid-day trading on Tuesday, hitting $21.98. The stock had a trading volume of 6,671 shares, compared to its average volume of 18,623. The firm has a 50-day moving average of $23.72 and a two-hundred day moving average of $24.72. Ellomay Capital has a 12-month low of $13.71 and a 12-month high of $30.34. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 3.62. The firm has a market cap of $302.88 million, a P/E ratio of -12.78 and a beta of 0.94.

Ellomay Capital (NYSEAMERICAN:ELLO) last posted its quarterly earnings results on Saturday, May 16th. The utilities provider reported ($0.88) earnings per share for the quarter. The firm had revenue of $10.03 million during the quarter. Ellomay Capital had a negative net margin of 45.04% and a negative return on equity of 12.39%.

Institutional Trading of Ellomay Capital

Several institutional investors and hedge funds have recently bought and sold shares of ELLO. JPMorgan Chase & Co. boosted its holdings in Ellomay Capital by 39.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider’s stock valued at $65,000 after acquiring an additional 1,021 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its holdings in Ellomay Capital by 4.6% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock worth $28,276,000 after purchasing an additional 70,180 shares during the period. Yelin Lapidot Holdings Management Ltd. boosted its stake in shares of Ellomay Capital by 75.5% in the 4th quarter. Yelin Lapidot Holdings Management Ltd. now owns 193,565 shares of the utilities provider’s stock valued at $4,704,000 after buying an additional 83,300 shares during the period. Finally, Menora Mivtachim Holdings LTD. purchased a new position in shares of Ellomay Capital in the 3rd quarter valued at about $17,019,000. 27.54% of the stock is currently owned by hedge funds and other institutional investors.

About Ellomay Capital

Ellomay Capital Ltd. is an Israel-based investment company specializing in the acquisition, financing, development and operation of renewable energy and related infrastructure assets. Founded in 2014 and traded on the NYSE American under the ticker ELLO, Ellomay focuses on building a diversified portfolio of solar photovoltaic (PV) projects and specialty infrastructure businesses that generate stable, long-term cash flows under government-backed tariffs and concession agreements.

The company’s core activities center on ground-mounted solar PV installations in Italy, where its operating portfolio comprises multiple medium-sized projects secured under feed-in-tariff regimes.