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

Zeo Energy Corp. (NASDAQ:ZEO) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 34,900 shares, a decrease of 21.0% from the October 15th total of 44,200 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 986,600 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Zeo Energy

An institutional investor recently raised its position in Zeo Energy stock. K2 Principal Fund L.P. raised its holdings in Zeo Energy Corp. (NASDAQ:ZEO) by 21.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 481,448 shares of the company’s stock after acquiring an additional 86,155 shares during the period. K2 Principal Fund L.P. owned about 1.17% of Zeo Energy worth $1,035,000 at the end of the most recent quarter.

Zeo Energy Stock Performance

Shares of ZEO opened at $1.21 on Friday. Zeo Energy has a 12-month low of $1.05 and a 12-month high of $11.60. The stock’s fifty day simple moving average is $1.61 and its 200-day simple moving average is $2.93. 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 (NASDAQ:ZEO) last posted its earnings results on Monday, August 19th. The company reported ($0.13) earnings per share (EPS) for the quarter. The business 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.