Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Decreases By 16.9%

Zeo Energy Corp. (NASDAQ:ZEO) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 26,100 shares, a decline of 16.9% from the November 15th total of 31,400 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 1,790,000 shares, the short-interest ratio is presently 0.0 days.

Zeo Energy Stock Up 1.2 %

Shares of Zeo Energy stock opened at $2.54 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.17 and a quick ratio of 2.12. Zeo Energy has a 12-month low of $1.05 and a 12-month high of $11.60. The company’s fifty day simple moving average is $1.49 and its two-hundred day simple moving average is $2.48.

Institutional Investors Weigh In On Zeo Energy

An institutional investor recently bought a new position in Zeo Energy stock. Townsquare Capital LLC acquired a new stake in shares of Zeo Energy Corp. (NASDAQ:ZEO) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 50,378 shares of the company’s stock, valued at approximately $85,000. Townsquare Capital LLC owned approximately 0.12% of Zeo Energy as of its most recent filing with the SEC.

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.