Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 864,600 shares, an increase of 664.5% from the May 15th total of 113,100 shares. Based on an average trading volume of 2,040,000 shares, the short-interest ratio is presently 0.4 days. Currently, 7.6% of the shares of the company are short sold.
Institutional Investors Weigh In On Zeo Energy
An institutional investor recently bought a new position in Zeo Energy stock. XTX Topco Ltd bought a new position in shares of Zeo Energy Corp. (NASDAQ:ZEO - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,126 shares of the company's stock, valued at approximately $42,000.
Zeo Energy Trading Up 1.2%
Zeo Energy stock traded up $0.04 during trading on Thursday, reaching $3.27. The company had a trading volume of 28,798 shares, compared to its average volume of 1,534,561. The firm has a market capitalization of $161.09 million, a price-to-earnings ratio of -2.35 and a beta of -0.06. The firm's 50-day simple moving average is $1.85 and its 200 day simple moving average is $2.05. Zeo Energy has a 52 week low of $1.05 and a 52 week high of $4.75.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last posted its quarterly earnings results on Tuesday, May 27th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $18.65 million during the quarter. Zeo Energy had a negative return on equity of 3.32% and a negative net margin of 2.05%.
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.
Further Reading
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