Short Interest in Cellcom Israel, Ltd. (OTCMKTS:CELJF) Declines By 53.6%

Cellcom Israel, Ltd. (OTCMKTS:CELJF) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,793 shares, a decline of 53.6% from the August 15th total of 10,338 shares. Based on an average trading volume of 1,647 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.0% of the shares of the company are short sold.

Cellcom Israel Stock Performance

Cellcom Israel stock opened at $12.34 on Monday. The firm has a market cap of $2.02 billion, a PE ratio of 29.39 and a beta of 0.92. Cellcom Israel has a 12 month low of $8.01 and a 12 month high of $14.12. The stock’s 50 day simple moving average is $10.84 and its two-hundred day simple moving average is $10.99.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include mobile voice and data services, wireless communications, fixed-line telephony, broadband internet and television services.

The company also provides international communications, data connectivity, information technology and other business communications solutions. Through its service portfolio and network infrastructure, Cellcom supports residential customers, enterprises and public-sector organizations across Israel.

Cellcom Israel was established in 1994 and has developed from a mobile operator into a broader communications provider.