Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Decreases By 16.9%

Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 26,100 shares, a decrease of 16.9% from the November 15th total of 31,400 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 1,790,000 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Zeo Energy

A hedge fund recently bought a new stake in Zeo Energy stock. Townsquare Capital LLC bought a new stake in Zeo Energy Corp. (NASDAQ:ZEO - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,378 shares of the company's stock, valued at approximately $85,000. Townsquare Capital LLC owned approximately 0.12% of Zeo Energy as of its most recent filing with the Securities and Exchange Commission.

Zeo Energy Stock Up 1.2 %

NASDAQ:ZEO traded up $0.03 during mid-day trading on Friday, hitting $2.54. 125,908 shares of the company's stock traded hands, compared to its average volume of 553,699. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.12 and a current ratio of 2.17. The firm's 50 day simple moving average is $1.49 and its 200 day simple moving average is $2.49. Zeo Energy has a 1 year low of $1.05 and a 1 year high of $11.60.

Zeo Energy Company Profile

Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes.