Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 59,400 shares, an increase of 47.4% from the January 15th total of 40,300 shares. Approximately 4.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,450,000 shares, the short-interest ratio is presently 0.0 days.
Zeo Energy Price Performance
Shares of ZEO traded up $0.03 during mid-day trading on Monday, reaching $2.16. The company had a trading volume of 18,389 shares, compared to its average volume of 1,800,678. Zeo Energy has a twelve month low of $1.05 and a twelve month high of $11.60. The company's 50-day moving average is $2.54 and its 200-day moving average is $2.12. The company has a market capitalization of $106.40 million, a P/E ratio of -1.55 and a beta of -0.85.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last issued its earnings results on Thursday, January 23rd. The company reported ($0.08) earnings per share (EPS) for the quarter. Zeo Energy had a negative return on equity of 3.32% and a negative net margin of 2.05%.
Hedge Funds Weigh In On Zeo Energy
A number of hedge funds have recently modified their holdings of ZEO. Townsquare Capital LLC acquired a new position in shares of Zeo Energy in the 3rd quarter worth approximately $85,000. Geode Capital Management LLC increased its holdings in Zeo Energy by 140.3% during the 4th quarter. Geode Capital Management LLC now owns 77,389 shares of the company's stock valued at $265,000 after purchasing an additional 45,190 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in Zeo Energy in the 4th quarter valued at $42,000.
About Zeo Energy
(
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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