Zeo Energy Corp. (NASDAQ:ZEO) Short Interest Down 42.3% in December

Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 94,500 shares, a drop of 42.3% from the December 15th total of 163,800 shares. Based on an average daily volume of 913,500 shares, the short-interest ratio is currently 0.1 days. Currently, 7.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Zeo Energy

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

Zeo Energy Stock Down 3.8 %

Shares of NASDAQ ZEO traded down $0.08 during midday trading on Tuesday, hitting $2.02. 20,265 shares of the company's stock were exchanged, compared to its average volume of 141,096. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.12 and a current ratio of 2.17. Zeo Energy has a 12 month low of $1.05 and a 12 month high of $11.60. The company's 50 day moving average price is $1.95 and its 200 day moving average price is $2.22.

About Zeo Energy

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.