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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 630 shares, a growth of 29.1% from the November 30th total of 488 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,595 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 3,595 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Ellomay Capital Trading Up 1.8%

Shares of Ellomay Capital stock opened at $26.20 on Wednesday. The company has a debt-to-equity ratio of 3.18, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a market capitalization of $361.04 million, a PE ratio of -70.81 and a beta of 1.03. The stock has a 50 day moving average price of $21.20 and a two-hundred day moving average price of $18.95. Ellomay Capital has a 52 week low of $13.00 and a 52 week high of $27.05.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its quarterly earnings data on Monday, December 1st. The utilities provider reported $4.45 earnings per share (EPS) for the quarter. The firm had revenue of $278.16 million during the quarter. Ellomay Capital had a negative return on equity of 2.91% and a negative net margin of 9.22%.

Institutional Investors Weigh In On Ellomay Capital

A number of hedge funds have recently modified their holdings of ELLO. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Ellomay Capital in the second quarter valued at $31,000. JPMorgan Chase & Co. raised its stake in 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 acquiring an additional 1,021 shares during the period. Menora Mivtachim Holdings LTD. purchased a new stake in Ellomay Capital during the third quarter valued at about $17,019,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in Ellomay Capital by 4.6% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock worth $28,276,000 after purchasing an additional 70,180 shares during the period. Institutional investors own 27.54% of the company’s stock.

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.