Short Interest in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Decreases By 66.0%

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 326 shares, a decrease of 66.0% from the January 29th total of 960 shares. Based on an average trading volume of 1,510 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,510 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Ellomay Capital

Several large investors have recently bought and sold shares of ELLO. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Ellomay Capital in the second quarter valued at approximately $31,000. JPMorgan Chase & Co. raised its stake in Ellomay Capital by 39.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider’s stock valued at $65,000 after purchasing an additional 1,021 shares during the last quarter. Yelin Lapidot Holdings Management Ltd. lifted its holdings in 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 purchasing an additional 83,300 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in Ellomay Capital during the 3rd quarter worth $17,019,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Ellomay Capital by 4.6% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock worth $28,276,000 after buying an additional 70,180 shares in the last quarter. 27.54% of the stock is currently owned by hedge funds and other institutional investors.

Ellomay Capital Price Performance

ELLO stock traded down $0.22 during mid-day trading on Thursday, reaching $24.08. 753 shares of the company’s stock were exchanged, compared to its average volume of 3,818. The company has a debt-to-equity ratio of 3.04, a current ratio of 1.18 and a quick ratio of 1.18. Ellomay Capital has a 12-month low of $13.00 and a 12-month high of $30.34. The stock’s 50 day moving average is $26.36 and its 200 day moving average is $21.77. The company has a market cap of $331.77 million, a price-to-earnings ratio of 802.53 and a beta of 1.00.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its earnings results on Monday, December 1st. The utilities provider reported $4.45 earnings per share for the quarter. Ellomay Capital had a return on equity of 0.50% and a net margin of 1.83%.The business had revenue of $278.16 million during the quarter.

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.