Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Short Interest Down 39.6% in June

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,285 shares, a decrease of 39.6% from the June 15th total of 3,786 shares. Based on an average daily volume of 6,458 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Ellomay Capital Stock Down 2.2%

Shares of ELLO traded down $0.41 during trading hours on Thursday, reaching $18.59. The stock had a trading volume of 1,789 shares, compared to its average volume of 8,925. Ellomay Capital has a 12 month low of $16.09 and a 12 month high of $30.34. The firm has a 50-day simple moving average of $21.19 and a 200 day simple moving average of $24.28. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 3.62. The company has a market capitalization of $256.13 million, a price-to-earnings ratio of -10.81 and a beta of 0.98.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its quarterly earnings results on Saturday, May 16th. The utilities provider reported ($0.88) EPS for the quarter. The business had revenue of $10.03 million for the quarter. Ellomay Capital had a negative net margin of 45.04% and a negative return on equity of 12.39%.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Ellomay Capital stock. Yelin Lapidot Holdings Management Ltd. lifted its holdings in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) by 75.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 193,565 shares of the utilities provider’s stock after acquiring an additional 83,300 shares during the period. Ellomay Capital makes up 0.9% of Yelin Lapidot Holdings Management Ltd.’s holdings, making the stock its 26th biggest holding. Yelin Lapidot Holdings Management Ltd. owned 1.40% of Ellomay Capital worth $4,704,000 as of its most recent SEC filing. 27.54% of the stock is currently owned by institutional investors and hedge funds.

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.