Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Short Interest Down 90.3% in March

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 300 shares, a decline of 90.3% from the February 29th total of 3,100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 0.1 days.

Ellomay Capital Stock Performance

NYSEAMERICAN:ELLO traded up $0.17 during trading hours on Thursday, hitting $15.71. The company’s stock had a trading volume of 6,290 shares, compared to its average volume of 6,865. The firm has a market capitalization of $201.87 million, a PE ratio of 13.90 and a beta of 1.31. Ellomay Capital has a 52-week low of $10.00 and a 52-week high of $20.26. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 1.04.

Ellomay Capital (NYSEAMERICAN:ELLO) last issued its quarterly earnings data on Tuesday, January 2nd. The utilities provider reported $0.45 earnings per share (EPS) for the quarter. Ellomay Capital had a return on equity of 12.52% and a net margin of 27.44%. The company had revenue of $17.03 million for the quarter.

Institutional Investors Weigh In On Ellomay Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG boosted its stake in shares of Ellomay Capital by 20,486.8% during the first quarter. UBS Group AG now owns 18,734 shares of the utilities provider’s stock worth $476,000 after buying an additional 18,643 shares during the period. Yelin Lapidot Holdings Management Ltd. purchased a new stake in Ellomay Capital during the 3rd quarter valued at approximately $1,711,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in Ellomay Capital by 54.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,512,554 shares of the utilities provider’s stock worth $22,580,000 after acquiring an additional 534,554 shares during the period. Hedge funds and other institutional investors own 27.54% of the company’s stock.

About Ellomay Capital

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns seven photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); one PV plant with a peak capacity of 300 MW in the municipality of Talaván, Spain; and one PV plant in Israel with an installed capacity of approximately 9 MW.