Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 47,700 shares, a drop of 19.7% from the January 31st total of 59,400 shares. Currently, 3.4% of the shares of the company are sold short. Based on an average trading volume of 1,450,000 shares, the days-to-cover ratio is presently 0.0 days.
Zeo Energy Price Performance
Zeo Energy stock traded down $0.04 during mid-day trading on Friday, reaching $1.63. 12,875 shares of the company were exchanged, compared to its average volume of 852,350. Zeo Energy has a 12 month low of $1.05 and a 12 month high of $8.90. The firm has a market cap of $80.10 million, a PE ratio of -1.17 and a beta of -0.78. The company has a fifty day simple moving average of $2.49 and a 200-day simple moving average of $2.00.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last announced its quarterly 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%.
Institutional Trading of Zeo Energy
Several hedge funds and other institutional investors have recently made changes to their positions in ZEO. Townsquare Capital LLC bought a new stake in shares of Zeo Energy in the third quarter worth $85,000. XTX Topco Ltd bought a new position in shares of Zeo Energy in the fourth quarter valued at $42,000. Finally, Geode Capital Management LLC grew its stake in shares of Zeo Energy by 140.3% in the 4th quarter. Geode Capital Management LLC now owns 77,389 shares of the company's stock worth $265,000 after acquiring an additional 45,190 shares in the last quarter.
Zeo Energy Company Profile
(
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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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