Short Interest in Cellcom Israel, Ltd. (OTCMKTS:CELJF) Drops By 42.2%

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 9,397 shares, a decline of 42.2% from the January 29th total of 16,270 shares. Based on an average daily trading volume, of 961 shares, the short-interest ratio is presently 9.8 days. Based on an average daily trading volume, of 961 shares, the short-interest ratio is presently 9.8 days.

Cellcom Israel Stock Down 6.4%

OTCMKTS CELJF traded down $0.75 during trading hours on Friday, reaching $11.00. 101 shares of the company traded hands, compared to its average volume of 475. Cellcom Israel has a 12 month low of $3.00 and a 12 month high of $13.42. The company has a 50 day moving average of $11.70 and a two-hundred day moving average of $10.64. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.35.

Cellcom Israel (OTCMKTS:CELJF) last announced its quarterly earnings data on Monday, January 12th. The company reported $0.13 EPS for the quarter. Cellcom Israel had a net margin of 5.98% and a return on equity of 10.12%. The business had revenue of $307.28 million for the quarter.

About Cellcom Israel

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.