Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Short Interest Update

Ellomay Capital Ltd. (NYSEAMERICAN:ELLOGet Rating) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 200 shares, a decrease of 60.0% from the April 30th total of 500 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 0.1 days.

Shares of NYSEAMERICAN:ELLO traded up $0.13 during trading on Friday, reaching $24.00. 1,214 shares of the company traded hands, compared to its average volume of 2,156. The firm has a market cap of $303.65 million, a PE ratio of -16.13 and a beta of 1.14. Ellomay Capital has a 52-week low of $22.00 and a 52-week high of $34.60. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.41 and a current ratio of 0.41.

Ellomay Capital (NYSEAMERICAN:ELLOGet Rating) last released its quarterly earnings data on Thursday, March 31st. The utilities provider reported ($0.75) earnings per share for the quarter. The company had revenue of $13.60 million for the quarter. Ellomay Capital had a negative net margin of 47.31% and a negative return on equity of 17.55%.

A hedge fund recently raised its stake in Ellomay Capital stock. UBS Group AG lifted its holdings in shares of Ellomay Capital Ltd. (NYSEAMERICAN:ELLOGet Rating) by 20,486.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,734 shares of the utilities provider’s stock after acquiring an additional 18,643 shares during the quarter. UBS Group AG owned approximately 0.15% of Ellomay Capital worth $476,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 28.00% of the company’s stock.

Separately, TheStreet lowered Ellomay Capital from a “c-” rating to a “d” rating in a research note on Friday, April 22nd.

About Ellomay Capital (Get Rating)

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Spain, and the Netherlands. The company owns six photovoltaic (PV) plants comprising four PV plants in Spain with an aggregate installed capacity of approximately 7.9 megawatts (MW); one PV plant with a peak capacity of 300 MW in the municipality of Talaván, Spain; and one PV plant in Israel with an installed capacity of approximately 9 MW.

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