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

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

Zeo Energy Price Performance

NASDAQ ZEO opened at $1.31 on Friday. The stock’s fifty day moving average price is $1.85 and its 200-day moving average price is $3.33. 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 has a 12 month low of $1.14 and a 12 month high of $12.34.

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

Hedge Funds Weigh In On Zeo Energy

A hedge fund recently raised its stake in Zeo Energy stock. K2 Principal Fund L.P. increased its holdings in shares of Zeo Energy Corp. (NASDAQ:ZEO) by 21.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 481,448 shares of the company’s stock after purchasing an additional 86,155 shares during the quarter. K2 Principal Fund L.P. owned 1.17% of Zeo Energy worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission (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.