Zeo Energy Corp. (NASDAQ:ZEO) Short Interest Down 19.7% in February

Zeo Energy Corp. (NASDAQ:ZEO) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 47,700 shares, a decline of 19.7% from the January 31st total of 59,400 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Zeo Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZEO. Townsquare Capital LLC bought a new stake in Zeo Energy during the 3rd quarter worth about $85,000. Geode Capital Management LLC raised its holdings in Zeo Energy by 140.3% during the 4th quarter. Geode Capital Management LLC now owns 77,389 shares of the company’s stock worth $265,000 after purchasing an additional 45,190 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Zeo Energy during the 4th quarter worth about $42,000.

Zeo Energy Stock Down 10.6 %

Zeo Energy stock opened at $1.86 on Tuesday. The stock has a 50-day simple moving average of $2.52 and a 200 day simple moving average of $2.02. Zeo Energy has a 12-month low of $1.05 and a 12-month high of $8.90. The stock has a market capitalization of $91.63 million, a price-to-earnings ratio of -1.34 and a beta of -0.85.

Zeo Energy (NASDAQ:ZEO) last announced its quarterly earnings data on Thursday, January 23rd. The company reported ($0.08) earnings per share for the quarter. Zeo Energy had a negative return on equity of 3.32% and a negative net margin of 2.05%.

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.