Short Interest in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Grows By 51.5%

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 494 shares, a growth of 51.5% from the February 12th total of 326 shares. Based on an average daily trading volume, of 4,381 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,381 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Ellomay Capital

A number of hedge funds have recently made changes to their positions in ELLO. Clal Insurance Enterprises Holdings Ltd raised its holdings in Ellomay Capital by 4.6% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock valued at $28,276,000 after acquiring an additional 70,180 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in Ellomay Capital during the 3rd quarter worth $17,019,000. Yelin Lapidot Holdings Management Ltd. increased its position in shares of 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 worth $4,704,000 after purchasing an additional 83,300 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of 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 in the last quarter. Finally, Edmond DE Rothschild Holding S.A. bought a new position in shares of Ellomay Capital during the second quarter worth about $31,000. Institutional investors and hedge funds own 27.54% of the company’s stock.

Ellomay Capital Stock Down 5.4%

Shares of Ellomay Capital stock opened at $24.55 on Friday. 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 1-year low of $13.00 and a 1-year high of $30.34. The business has a 50-day moving average of $26.75 and a 200-day moving average of $22.40. The company has a market capitalization of $338.30 million, a PE ratio of 818.33 and a beta of 1.02.

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

Ellomay Capital Company Profile

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.