Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Decreases By 42.3%

Zeo Energy Corp. (NASDAQ:ZEO) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 94,500 shares, a decrease of 42.3% from the December 15th total of 163,800 shares. Approximately 7.0% of the company’s shares are short sold. Based on an average trading volume of 913,500 shares, the short-interest ratio is presently 0.1 days.

Zeo Energy Trading Down 3.2 %

Zeo Energy stock opened at $2.10 on Tuesday. The company has a quick ratio of 2.12, a current ratio of 2.17 and a debt-to-equity ratio of 0.05. The company has a 50 day moving average price of $1.93 and a 200-day moving average price of $2.22. Zeo Energy has a fifty-two week low of $1.05 and a fifty-two week high of $11.60.

Institutional Investors Weigh In On Zeo Energy

A hedge fund recently bought a new stake in Zeo Energy stock. Townsquare Capital LLC purchased a new stake in shares of Zeo Energy Corp. (NASDAQ:ZEO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 Company Profile

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.