Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Shares Shorted: Short Interest Down 53.9% in September

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,555 shares, a decline of 53.9% from the August 31st total of 3,376 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,322 shares, the days-to-cover ratio is presently 0.7 days.

Ellomay Capital Price Performance

Shares of NYSEAMERICAN ELLO traded up $0.51 during trading on Wednesday, hitting $22.41. The company had a trading volume of 4,297 shares, compared to its average volume of 7,551. Ellomay Capital has a 52 week low of $17.00 and a 52 week high of $30.34. The business’s 50-day moving average is $20.46 and its 200 day moving average is $21.89. The company has a market cap of $308.81 million, a P/E ratio of 4.46 and a beta of 0.99. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.24 and a current ratio of 1.24.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its earnings results on Tuesday, August 18th. The utilities provider reported $5.99 EPS for the quarter. Ellomay Capital had a negative return on equity of 12.99% and a net margin of 136.55%.The business had revenue of $14.17 million during the quarter.

About Ellomay Capital

Ellomay Capital Ltd. is an Israel-based renewable energy and power-generation company listed on the NYSE American under the symbol ELLO. The company develops, owns, and operates renewable energy and energy infrastructure projects, with a focus on solar photovoltaic facilities, waste-to-energy operations, and other power-generation assets.

Ellomay’s portfolio has included solar power projects in Europe and Israel, as well as investments in large-scale renewable energy facilities. The company has also participated in waste-to-energy projects in the Netherlands and power-generation activities in Israel.