Cellcom Israel, Ltd. (OTCMKTS:CELJF) Sees Significant Increase in Short Interest

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 5,860 shares, an increase of 35.0% from the November 30th total of 4,342 shares. Based on an average daily trading volume, of 3,065 shares, the short-interest ratio is currently 1.9 days. Based on an average daily trading volume, of 3,065 shares, the short-interest ratio is currently 1.9 days.

Cellcom Israel Stock Performance

Shares of CELJF opened at $10.86 on Tuesday. Cellcom Israel has a twelve month low of $3.00 and a twelve month high of $12.17. The firm has a 50 day moving average of $10.84 and a 200 day moving average of $9.49. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.65.

Cellcom Israel (OTCMKTS:CELJF) last released its quarterly earnings data on Wednesday, October 15th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $311.45 million for the quarter. Cellcom Israel had a return on equity of 9.56% and a net margin of 5.40%.

About Cellcom Israel

Cellcom Israel Ltd. is a leading provider of wireless telecommunications services in Israel. Established in 1994 and headquartered in Netanya, the company operates one of the country’s most extensive cellular networks. Through its infrastructure, Cellcom delivers voice, messaging and data solutions to a broad customer base that includes individual consumers, small businesses and large enterprises.

The company’s core offerings encompass mobile voice plans, high-speed 4G and 5G data connectivity, international roaming and value-added content services.