Short Interest in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Rises By 51.5%

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 494 shares, an increase of 51.5% from the February 12th total of 326 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 4,381 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 4,381 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Ellomay Capital in the 2nd quarter worth approximately $31,000. JPMorgan Chase & Co. increased its holdings in shares of 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 last quarter. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Ellomay Capital by 4.6% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock valued at $28,276,000 after acquiring an additional 70,180 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in shares of Ellomay Capital during the 3rd quarter valued at approximately $17,019,000. Finally, Yelin Lapidot Holdings Management Ltd. lifted its stake in Ellomay Capital by 75.5% during the fourth quarter. Yelin Lapidot Holdings Management Ltd. now owns 193,565 shares of the utilities provider’s stock worth $4,704,000 after purchasing an additional 83,300 shares during the last quarter. Institutional investors own 27.54% of the company’s stock.

Ellomay Capital Price Performance

ELLO opened at $24.55 on Monday. The company has a market capitalization of $338.30 million, a P/E ratio of 818.33 and a beta of 1.02. The company has a 50-day moving average of $26.75 and a 200-day moving average of $22.47. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.18 and a current ratio of 1.18. Ellomay Capital has a 1-year low of $13.00 and a 1-year high of $30.34.

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.