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

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

Cellcom Israel Stock Performance

OTCMKTS CELJF opened at $11.00 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68. Cellcom Israel has a 1 year low of $3.00 and a 1 year high of $13.42. The company has a fifty day moving average of $11.70 and a two-hundred day moving average of $10.67.

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

Cellcom Israel Company Profile

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.