Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) Short Interest Down 90.3% in March

Ellomay Capital Ltd. (NYSEAMERICAN:ELLO) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 90.3% from the February 29th total of 3,100 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Ellomay Capital

A number of institutional investors have recently modified their holdings of the company. UBS Group AG lifted its position in Ellomay Capital by 20,486.8% in the 1st quarter. UBS Group AG now owns 18,734 shares of the utilities provider’s stock valued at $476,000 after acquiring an additional 18,643 shares in the last quarter. Yelin Lapidot Holdings Management Ltd. bought a new stake in shares of Ellomay Capital during the 3rd quarter valued at $1,711,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in Ellomay Capital by 54.7% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,512,554 shares of the utilities provider’s stock valued at $22,580,000 after buying an additional 534,554 shares in the last quarter. 27.54% of the stock is currently owned by hedge funds and other institutional investors.

Ellomay Capital Trading Up 1.1 %

Shares of NYSEAMERICAN:ELLO traded up $0.17 during trading on Thursday, hitting $15.71. 6,290 shares of the company were exchanged, compared to its average volume of 6,865. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 1.04. Ellomay Capital has a 52-week low of $10.00 and a 52-week high of $20.26. The company has a market cap of $201.87 million, a P/E ratio of 13.90 and a beta of 1.31.

Ellomay Capital (NYSEAMERICAN:ELLO) last released its earnings results on Tuesday, January 2nd. The utilities provider reported $0.45 earnings per share for the quarter. The company had revenue of $17.03 million during the quarter. Ellomay Capital had a return on equity of 12.52% and a net margin of 27.44%.

About Ellomay Capital

Ellomay Capital Ltd., together with its subsidiaries, engages in the production of renewable and clean energy in Israel, Italy, Spain, and the Netherlands. The company owns seven photovoltaic (PV) plants comprising five PV plants in Spain with an aggregate installed capacity of approximately 35.9 megawatts (MW); one PV plant with a peak capacity of 300 MW in the municipality of Talaván, Spain; and one PV plant in Israel with an installed capacity of approximately 9 MW.