Cellcom Israel, Ltd. (OTCMKTS:CELJF) Short Interest Down 15.9% in March

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 9,466 shares, a drop of 15.9% from the February 26th total of 11,253 shares. Based on an average trading volume of 4,474 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.0% of the company’s shares are short sold.

Cellcom Israel Stock Performance

Shares of Cellcom Israel stock opened at $10.10 on Monday. The firm has a fifty day moving average of $11.46 and a two-hundred day moving average of $10.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 24.05 and a beta of 0.94. Cellcom Israel has a 52 week low of $3.00 and a 52 week high of $13.42.

Cellcom Israel (OTCMKTS:CELJF) last posted its quarterly earnings results on Monday, January 12th. The company reported $0.13 earnings per share (EPS) for the quarter. Cellcom Israel had a return on equity of 10.12% and a net margin of 5.98%.The business had revenue of $307.28 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.