Zeo Energy Corp. (NASDAQ:ZEO) Short Interest Update

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

Institutional Trading of Zeo Energy

A hedge fund recently bought a new stake in Zeo Energy stock. Townsquare Capital LLC purchased a new position in Zeo Energy Corp. (NASDAQ:ZEO) in the 3rd quarter, according to its most recent Form 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 approximately 0.12% of Zeo Energy at the end of the most recent quarter.

Zeo Energy Price Performance

Shares of NASDAQ:ZEO opened at $2.51 on Friday. The firm’s 50 day simple moving average is $2.32 and its 200-day simple moving average is $2.24. The company has a quick ratio of 2.12, a current ratio of 2.17 and a debt-to-equity ratio of 0.05. Zeo Energy has a one year low of $1.05 and a one year high of $11.60.

Zeo Energy (NASDAQ:ZEO) last released its quarterly earnings data on Thursday, January 23rd. The company reported ($0.08) EPS for the quarter.

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.