Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Declines By 16.9%

Zeo Energy Corp. (NASDAQ:ZEO) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 26,100 shares, a decline of 16.9% from the November 15th total of 31,400 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Zeo Energy

A hedge fund recently bought a new stake in Zeo Energy stock. Townsquare Capital LLC bought a new stake in shares of Zeo Energy Corp. (NASDAQ:ZEO) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 50,378 shares of the company’s stock, valued at approximately $85,000. Townsquare Capital LLC owned 0.12% of Zeo Energy at the end of the most recent quarter.

Zeo Energy Stock Up 1.2 %

Shares of ZEO opened at $2.54 on Friday. Zeo Energy has a 12-month low of $1.05 and a 12-month high of $11.60. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.17 and a quick ratio of 2.12. The firm has a fifty day moving average price of $1.49 and a 200-day moving average price of $2.51.

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.