Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Stock Short Interest Climbs 275.8%

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,480 shares, a growth of 275.8% from the September 30th total of 660 shares. Based on an average daily trading volume, of 873 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.0% of the shares of the company are sold short.

Ellomay Capital Stock Performance

Ellomay Capital stock traded down $0.21 on Friday, reaching $20.76. 856 shares of the stock were exchanged, compared to its average volume of 7,074. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 2.39. Ellomay Capital has a twelve month low of $17.50 and a twelve month high of $30.34. The firm has a fifty day moving average price of $21.11 and a two-hundred day moving average price of $22.84. The stock has a market cap of $286.06 million, a PE ratio of 4.13 and a beta of 0.99.

Ellomay Capital (NYSEAMERICAN:ELLO) last released its earnings results on Tuesday, August 18th. The utilities provider reported $5.99 earnings per share (EPS) for the quarter. The firm had revenue of $14.17 million for the quarter. Ellomay Capital had a negative return on equity of 12.99% and a net margin of 136.55%.

Ellomay Capital Company Profile

Ellomay Capital Ltd. is an Israeli renewable energy and power-generation company whose shares trade on the NYSE American and the Tel Aviv Stock Exchange. The company develops, owns and operates energy infrastructure, with a primary focus on renewable energy projects and related investments.

Ellomay’s activities include solar photovoltaic power plants, electricity-generation facilities and waste-to-energy projects, including facilities that use landfill gas or biogas. Through its subsidiaries and investments, the company participates in projects in Israel and several European markets, including Italy, Spain and the Netherlands.

Founded in 1987, Ellomay has evolved into an energy-focused investment and operating company.