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

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 569 shares, an increase of 119.7% from the December 31st total of 259 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,889 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 3,889 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Ellomay Capital Stock Down 5.5%

NYSEAMERICAN ELLO traded down $1.48 on Friday, reaching $25.61. The company had a trading volume of 2,042 shares, compared to its average volume of 4,595. The firm has a market capitalization of $352.91 million, a PE ratio of 853.67 and a beta of 1.01. The firm has a 50-day moving average of $24.17 and a 200-day moving average of $20.52. Ellomay Capital has a 1 year low of $13.00 and a 1 year high of $29.25. The company has a debt-to-equity ratio of 3.04, a current ratio of 1.18 and a quick ratio of 1.18.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ELLO. JPMorgan Chase & Co. lifted its position 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 worth $65,000 after buying an additional 1,021 shares during the last quarter. Menora Mivtachim Holdings LTD. bought a new stake in shares of Ellomay Capital during the third quarter valued at approximately $17,019,000. Clal Insurance Enterprises Holdings Ltd raised its stake in 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 valued at $28,276,000 after acquiring an additional 70,180 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in Ellomay Capital during the 2nd quarter valued at $31,000. 27.54% of the stock is currently owned by institutional investors.

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.