Short Interest in Cellcom Israel, Ltd. (OTCMKTS:CELJF) Declines By 89.2%

Cellcom Israel, Ltd. (OTCMKTS:CELJF) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 620 shares, a decrease of 89.2% from the December 15th total of 5,760 shares. Based on an average daily trading volume, of 3,405 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 3,405 shares, the short-interest ratio is currently 0.2 days.

Cellcom Israel Trading Up 0.8%

Shares of OTCMKTS CELJF traded up $0.10 during midday trading on Monday, reaching $12.15. 1,024 shares of the company’s stock were exchanged, compared to its average volume of 1,498. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. Cellcom Israel has a 52-week low of $3.00 and a 52-week high of $13.42. The business’s fifty day moving average price is $11.18 and its two-hundred day moving average price is $9.78.

Cellcom Israel (OTCMKTS:CELJF) last issued its quarterly earnings data on Wednesday, October 15th. The company reported $0.11 earnings per share for the quarter. Cellcom Israel had a return on equity of 9.56% and a net margin of 5.40%.The firm had revenue of $311.45 million during 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.