Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Sees Significant Decrease in Short Interest

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 660 shares, a decrease of 57.6% from the September 15th total of 1,555 shares. Based on an average trading volume of 2,282 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Ellomay Capital Price Performance

Shares of NYSEAMERICAN:ELLO traded up $2.61 during trading hours on Tuesday, hitting $24.41. 796 shares of the company’s stock traded hands, compared to its average volume of 7,448. Ellomay Capital has a 52 week low of $17.00 and a 52 week high of $30.34. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.24 and a current ratio of 1.24. The company’s fifty day simple moving average is $20.77 and its two-hundred day simple moving average is $21.64. The company has a market cap of $336.37 million, a price-to-earnings ratio of 4.85 and a beta of 0.99.

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

Ellomay Capital Company Profile

Ellomay Capital Ltd. is an Israel-based renewable energy and power-generation company whose activities focus on developing, owning and operating clean-energy infrastructure. The company’s portfolio includes solar photovoltaic facilities and waste-to-energy projects, with operations and investments spanning Israel and several European markets.

Ellomay has developed and invested in utility-scale solar projects in countries including Spain, Italy and the Netherlands. Its portfolio includes the Talasol solar project in Spain, as well as other solar facilities and renewable-energy investments.