Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 34,900 shares, a decrease of 21.0% from the October 15th total of 44,200 shares. Based on an average daily trading volume, of 986,600 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.4% of the company's shares are sold short.
Zeo Energy Stock Down 0.8 %
Shares of NASDAQ:ZEO traded down $0.01 during mid-day trading on Friday, hitting $1.21. The stock had a trading volume of 5,229 shares, compared to its average volume of 339,916. Zeo Energy has a 12-month low of $1.05 and a 12-month high of $11.60. The company has a quick ratio of 2.12, a current ratio of 2.17 and a debt-to-equity ratio of 0.05. The company's 50 day moving average is $1.62 and its 200-day moving average is $2.97.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last issued its quarterly earnings results on Monday, August 19th. The company reported ($0.13) earnings per share for the quarter. The firm had revenue of $14.71 million during the quarter.
Hedge Funds Weigh In On Zeo Energy
An institutional investor recently raised its position in Zeo Energy stock. K2 Principal Fund L.P. grew its position in Zeo Energy Corp. (NASDAQ:ZEO - Free Report) by 21.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 481,448 shares of the company's stock after purchasing an additional 86,155 shares during the period. K2 Principal Fund L.P. owned about 1.17% of Zeo Energy worth $1,035,000 at the end of the most recent quarter.
Zeo Energy Company Profile
(
Get Free Report)
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.
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