Zeo Energy Corp. (NASDAQ:ZEO) Short Interest Up 527.6% in December

Zeo Energy Corp. (NASDAQ:ZEO) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 163,800 shares, a growth of 527.6% from the November 30th total of 26,100 shares. Based on an average trading volume of 880,200 shares, the short-interest ratio is presently 0.2 days. Currently, 12.0% of the company’s stock are sold short.

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) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 50,378 shares of the company’s stock, valued at approximately $85,000. Townsquare Capital LLC owned 0.12% of Zeo Energy as of its most recent SEC filing.

Zeo Energy Stock Performance

Shares of ZEO opened at $2.88 on Friday. Zeo Energy has a twelve month low of $1.05 and a twelve month high of $11.60. The firm has a 50 day moving average of $1.61 and a 200 day moving average of $2.33. 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 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.