Cellcom Israel, Ltd. (OTCMKTS:CELJF) Short Interest Down 89.2% in December

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 620 shares, a decline of 89.2% from the December 15th total of 5,760 shares. Based on an average daily volume of 3,405 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 3,405 shares, the short-interest ratio is currently 0.2 days.

Cellcom Israel Stock Performance

Shares of OTCMKTS:CELJF opened at $12.15 on Wednesday. The business has a 50 day moving average price of $11.26 and a 200 day moving average price of $9.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.65 and a current ratio of 0.70. Cellcom Israel has a twelve month low of $3.00 and a twelve month high of $13.42.

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

Cellcom Israel Company Profile

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.