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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 369 shares, a decline of 25.3% from the February 26th total of 494 shares. Based on an average daily volume of 1,404 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Ellomay Capital Stock Down 1.2%

NYSEAMERICAN:ELLO traded down $0.30 during midday trading on Friday, reaching $25.00. 3,631 shares of the stock traded hands, compared to its average volume of 1,572. The stock has a market capitalization of $344.50 million, a PE ratio of 833.33 and a beta of 1.02. Ellomay Capital has a 12-month low of $13.00 and a 12-month high of $30.34. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.18 and a current ratio of 1.18. The business has a 50-day moving average of $26.32 and a two-hundred day moving average of $22.93.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Menora Mivtachim Holdings LTD. acquired a new position in shares of Ellomay Capital in the third quarter valued at about $17,019,000. Yelin Lapidot Holdings Management Ltd. boosted its position in Ellomay Capital by 75.5% in the fourth quarter. Yelin Lapidot Holdings Management Ltd. now owns 193,565 shares of the utilities provider’s stock valued at $4,704,000 after buying an additional 83,300 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in Ellomay Capital by 4.6% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock valued at $28,276,000 after buying an additional 70,180 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Ellomay Capital by 39.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider’s stock worth $65,000 after buying an additional 1,021 shares during the period. 27.54% of the stock is currently owned by hedge funds and other institutional investors.

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.