Cellcom Israel, Ltd. (OTCMKTS:CELJF) Short Interest Update

Key Points

• Short interest fell 22.1% in March to 7,370 shares (from 9,466 on March 15), leaving a days-to-cover ratio of 8.6 and an effectively negligible short percentage (~0.0%).
• Shares opened at $9.00 with a 12‑month range of $3.00–$13.42; the company has a market capitalization of $1.47 billion and a P/E of 21.43, with 50‑ and 200‑day moving averages around $10.96–$10.98.
• In the most recent quarter Cellcom reported $0.13 EPS on $307.28 million in revenue, with a net margin of 5.98% and return on equity of 10.12%.

Cellcom Israel, Ltd. (OTCMKTS:CELJF - Get Free Report) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 7,370 shares, a drop of 22.1% from the March 15th total of 9,466 shares. Based on an average daily trading volume, of 854 shares, the days-to-cover ratio is presently 8.6 days. Approximately 0.0% of the shares of the company are short sold.

Cellcom Israel Stock Performance

CELJF opened at $9.00 on Wednesday. Cellcom Israel has a 12-month low of $3.00 and a 12-month high of $13.42. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $1.47 billion, a PE ratio of 21.43 and a beta of 0.93. The firm has a 50 day moving average of $10.98 and a two-hundred day moving average of $10.96.

Cellcom Israel (OTCMKTS:CELJF - Get Free Report) last posted its quarterly earnings results on Monday, January 12th. The company reported $0.13 earnings per share (EPS) for the quarter. Cellcom Israel had a net margin of 5.98% and a return on equity of 10.12%. The company had revenue of $307.28 million during the quarter.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is a leading provider of wireless telecommunications services in Israel. Established in 1994 and headquartered in Netanya, the company operates one of the country's most extensive cellular networks. Through its infrastructure, Cellcom delivers voice, messaging and data solutions to a broad customer base that includes individual consumers, small businesses and large enterprises.

The company's core offerings encompass mobile voice plans, high-speed 4G and 5G data connectivity, international roaming and value-added content services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.