Short Interest in Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Declines By 58.9%

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 259 shares, a decline of 58.9% from the December 15th total of 630 shares. Based on an average trading volume of 4,078 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,078 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Ellomay Capital

A number of institutional investors and hedge funds have recently bought and sold shares of ELLO. Edmond DE Rothschild Holding S.A. bought a new position in shares of Ellomay Capital during the 2nd quarter worth approximately $31,000. JPMorgan Chase & Co. grew its holdings in Ellomay Capital by 39.6% in the third quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider’s stock worth $65,000 after purchasing an additional 1,021 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake 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 purchasing an additional 70,180 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. acquired a new position in shares of Ellomay Capital during the third quarter valued at about $17,019,000. 27.54% of the stock is currently owned by institutional investors and hedge funds.

Ellomay Capital Price Performance

Shares of ELLO stock traded up $0.48 on Friday, reaching $27.72. The company had a trading volume of 2,612 shares, compared to its average volume of 3,363. The business’s 50-day moving average is $22.96 and its 200 day moving average is $19.92. Ellomay Capital has a one year low of $13.00 and a one year high of $29.25. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 3.04. The stock has a market capitalization of $381.98 million, a PE ratio of 924.00 and a beta of 1.01.

Ellomay Capital (NYSEAMERICAN:ELLO) last announced its quarterly earnings results on Monday, December 1st. The utilities provider reported $4.45 EPS for the quarter. The company had revenue of $278.16 million during the quarter. Ellomay Capital had a return on equity of 0.50% and a net margin of 1.83%.

Ellomay Capital Company Profile

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.