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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 630 shares, a growth of 29.1% from the November 30th total of 488 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,595 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 3,595 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Ellomay Capital Price Performance

Shares of NYSEAMERICAN ELLO opened at $26.20 on Wednesday. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $361.04 million, a price-to-earnings ratio of -70.81 and a beta of 1.03. The firm’s 50 day simple moving average is $21.20 and its 200-day simple moving average is $18.95. Ellomay Capital has a 12 month low of $13.00 and a 12 month high of $27.05.

Ellomay Capital (NYSEAMERICAN:ELLO) last issued its earnings results on Monday, December 1st. The utilities provider reported $4.45 EPS for the quarter. Ellomay Capital had a negative net margin of 9.22% and a negative return on equity of 2.91%. The business had revenue of $278.16 million during the quarter.

Institutional Trading of Ellomay Capital

A number of institutional investors have recently bought and sold shares of ELLO. JPMorgan Chase & Co. increased its stake in Ellomay Capital by 39.6% in the third quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider’s stock valued at $65,000 after purchasing an additional 1,021 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in shares of Ellomay Capital in the 3rd quarter valued at $17,019,000. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Ellomay Capital by 4.6% in the 3rd 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, Edmond DE Rothschild Holding S.A. purchased a new position in shares of Ellomay Capital in the 2nd quarter valued at $31,000. 27.54% of the stock is owned by hedge funds and other institutional investors.

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.