Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Stock Short Interest Falls 57.6%

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the target of a significant decrease in short interest in 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,282 shares, the days-to-cover ratio is presently 0.3 days.

Ellomay Capital Price Performance

Shares of ELLO traded down $0.81 during mid-day trading on Thursday, reaching $20.99. The company had a trading volume of 575 shares, compared to its average volume of 1,696. The company’s 50 day simple moving average is $20.90 and its 200 day simple moving average is $21.61. Ellomay Capital has a 1-year low of $17.00 and a 1-year high of $30.34. The company has a market capitalization of $289.24 million, a price-to-earnings ratio of 4.17 and a beta of 0.99. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.24 and a current ratio of 1.24.

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

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.