Short Interest in Cellcom Israel, Ltd. (OTCMKTS:CELJF) Decreases By 89.2%

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 620 shares, a decline of 89.2% from the December 15th total of 5,760 shares. Based on an average trading volume of 3,405 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 3,405 shares, the days-to-cover ratio is currently 0.2 days.

Cellcom Israel Stock Up 0.8%

OTCMKTS CELJF traded up $0.10 during trading hours on Monday, hitting $12.15. The company had a trading volume of 1,024 shares, compared to its average volume of 1,498. The firm’s 50 day moving average is $11.18 and its 200 day moving average is $9.78. Cellcom Israel has a fifty-two week low of $3.00 and a fifty-two week high of $13.42. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 0.43.

Cellcom Israel (OTCMKTS:CELJF) last posted its earnings results on Wednesday, October 15th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $311.45 million during the quarter. Cellcom Israel had a return on equity of 9.56% and a net margin of 5.40%.

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.