Zeo Energy Corp. (NASDAQ:ZEO) Short Interest Update

Zeo Energy Corp. (NASDAQ:ZEO) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 94,500 shares, a decline of 42.3% from the December 15th total of 163,800 shares. Based on an average daily volume of 913,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 7.0% of the company’s shares are sold short.

Zeo Energy Stock Performance

NASDAQ:ZEO opened at $2.10 on Tuesday. The stock’s fifty day moving average is $1.93 and its 200 day moving average is $2.22. Zeo Energy has a fifty-two week low of $1.05 and a fifty-two week high of $11.60. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.12 and a current ratio of 2.17.

Institutional Investors Weigh In On Zeo Energy

A hedge fund recently bought a new stake in Zeo Energy stock. Townsquare Capital LLC acquired a new position in Zeo Energy Corp. (NASDAQ:ZEO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 50,378 shares of the company’s stock, valued at approximately $85,000. Townsquare Capital LLC owned 0.12% of Zeo Energy at the end of the most recent reporting period.

Zeo Energy Company Profile

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.