Zeo Energy Corp. (NASDAQ:ZEO) Short Interest Up 81.1% in October

Zeo Energy Corp. (NASDAQ:ZEO) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 44,200 shares, an increase of 81.1% from the September 30th total of 24,400 shares. Based on an average daily volume of 978,800 shares, the short-interest ratio is presently 0.0 days. Approximately 1.8% of the shares of the company are sold short.

Institutional Trading of Zeo Energy

An institutional investor recently bought a new position in Zeo Energy stock. K2 Principal Fund L.P. acquired a new stake in Zeo Energy Corp. (NASDAQ:ZEO) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 395,293 shares of the company’s stock, valued at approximately $2,253,000. K2 Principal Fund L.P. owned approximately 0.98% of Zeo Energy at the end of the most recent reporting period.

Zeo Energy Stock Performance

Zeo Energy stock opened at $1.33 on Friday. 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 fifty-two week low of $1.14 and a fifty-two week high of $12.34. The stock’s fifty day moving average is $1.89 and its two-hundred day moving average is $3.37.

Zeo Energy (NASDAQ:ZEO) last issued its quarterly earnings data on Monday, August 19th. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $14.71 million during the 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.