Short Interest in Zeo Energy Corp. (NASDAQ:ZEO) Decreases By 19.7%

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. XTX Topco Ltd bought a new position in Zeo Energy in the 4th quarter worth $42,000. Townsquare Capital LLC bought a new position in shares of Zeo Energy during the 3rd quarter valued at about $85,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Zeo Energy by 140.3% during the 4th quarter. Geode Capital Management LLC now owns 77,389 shares of the company’s stock valued at $265,000 after purchasing an additional 45,190 shares during the last quarter.

Zeo Energy Stock Performance

Shares of Zeo Energy stock opened at $1.76 on Thursday. The company has a market capitalization of $86.70 million, a P/E ratio of -1.27 and a beta of -0.85. The company has a fifty day moving average of $2.51 and a 200 day moving average of $2.01. Zeo Energy has a fifty-two week low of $1.05 and a fifty-two week high of $8.90.

Zeo Energy (NASDAQ:ZEO) last issued its earnings results 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%.

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.