Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Short Interest Down 66.0% in February

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 326 shares, a decline of 66.0% from the January 29th total of 960 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,510 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 1,510 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. acquired a new stake in Ellomay Capital during the second quarter worth about $31,000. JPMorgan Chase & Co. grew its stake in shares of Ellomay Capital by 39.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,601 shares of the utilities provider’s stock valued at $65,000 after buying an additional 1,021 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Ellomay Capital by 4.6% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,594,224 shares of the utilities provider’s stock worth $28,276,000 after buying an additional 70,180 shares during the last quarter. Menora Mivtachim Holdings LTD. purchased a new stake in shares of Ellomay Capital during the 3rd quarter valued at approximately $17,019,000. Finally, Yelin Lapidot Holdings Management Ltd. raised its position in shares of Ellomay Capital by 75.5% during the 4th 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 period. Institutional investors and hedge funds own 27.54% of the company’s stock.

Ellomay Capital Price Performance

ELLO traded down $0.22 during trading on Thursday, reaching $24.08. The company’s stock had a trading volume of 753 shares, compared to its average volume of 3,818. 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 firm has a fifty day simple moving average of $26.36 and a two-hundred day simple moving average of $21.77. Ellomay Capital has a 1 year low of $13.00 and a 1 year high of $30.34. The company has a market cap of $331.77 million, a price-to-earnings ratio of 802.53 and a beta of 1.00.

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

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.