Short Interest in Cellcom Israel, Ltd. (OTCMKTS:CELJF) Declines By 53.6%

Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,793 shares, a drop of 53.6% from the August 15th total of 10,338 shares. Based on an average trading volume of 1,647 shares, the short-interest ratio is currently 2.9 days. Approximately 0.0% of the shares of the stock are short sold.

Cellcom Israel Price Performance

Shares of Cellcom Israel stock opened at $12.34 on Monday. Cellcom Israel has a twelve month low of $8.01 and a twelve month high of $14.12. The business has a 50-day moving average price of $10.84 and a 200 day moving average price of $10.99. The firm has a market cap of $2.02 billion, a PE ratio of 29.39 and a beta of 0.92.

About Cellcom Israel

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Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include mobile voice and data services, wireless communications, fixed-line telephony, broadband internet and television services.

The company also provides international communications, data connectivity, information technology and other business communications solutions. Through its service portfolio and network infrastructure, Cellcom supports residential customers, enterprises and public-sector organizations across Israel.

Cellcom Israel was established in 1994 and has developed from a mobile operator into a broader communications provider.

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