Cellcom Israel, Ltd. (OTCMKTS:CELJF) Shares Shorted: Short Interest Down 75.4% in September

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,425 shares, a decrease of 75.4% from the September 15th total of 5,801 shares. Based on an average daily volume of 245 shares, the days-to-cover ratio is currently 5.8 days. Currently, 0.0% of the shares of the stock are sold short.

Cellcom Israel Price Performance

Shares of OTCMKTS CELJF opened at $11.74 on Monday. Cellcom Israel has a 52 week low of $8.01 and a 52 week high of $14.12. The firm has a 50-day moving average price of $11.40 and a 200 day moving average price of $11.07. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 27.95 and a beta of 0.88.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and other organizations in Israel. Its offerings include cellular voice and data services, mobile internet, messaging and related communications products delivered through its wireless network.

The company also provides fixed-line communications, broadband internet, international calling and data services. Through its communications platform and related operations, Cellcom offers television and other digital entertainment services, as well as business solutions such as connectivity, information technology and communications services.

Cellcom began operating in 1994 and has expanded beyond its original mobile-phone business through investments, acquisitions and the development of fixed-line and broadband capabilities.