Short Interest in Cellcom Israel Ltd. (OTCMKTS:CELJF) Drops By 97.2%

Cellcom Israel Ltd. (OTCMKTS:CELJF) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 97.2% from the February 13th total of 3,600 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is presently 0.1 days.

Cellcom Israel Stock Performance

CELJF traded up $0.25 during trading on Friday, hitting $6.99. The stock had a trading volume of 305 shares, compared to its average volume of 1,393. Cellcom Israel has a twelve month low of $3.10 and a twelve month high of $7.49. The firm has a market capitalization of $1.14 billion, a P/E ratio of 29.13 and a beta of 1.04. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.60 and a current ratio of 0.65. The company’s 50-day moving average price is $6.62 and its 200 day moving average price is $5.36.

Analyst Ratings Changes

Separately, Barclays lowered Cellcom Israel from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 28th.

Cellcom Israel Company Profile

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.