Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Declines By 20.3%

Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 30,600 shares, a decrease of 20.3% from the March 31st total of 38,400 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 392,100 shares, the days-to-cover ratio is currently 0.1 days.

Zeo Energy Stock Up 0.9 %

Shares of NASDAQ ZEO traded up $0.01 during midday trading on Wednesday, reaching $1.63. The company had a trading volume of 8,357 shares, compared to its average volume of 731,397. The firm's fifty day moving average price is $1.62 and its 200-day moving average price is $1.90. Zeo Energy has a one year low of $1.05 and a one year high of $5.25. The stock has a market cap of $80.49 million, a PE ratio of -1.18 and a beta of -0.58.

Institutional Investors Weigh In On Zeo Energy

A hedge fund recently bought a new stake in Zeo Energy stock. XTX Topco Ltd acquired a new position in Zeo Energy Corp. (NASDAQ:ZEO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,126 shares of the company's stock, valued at approximately $42,000.

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.