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

Zeo Energy Corp. (NASDAQ:ZEO) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 94,500 shares, a decline of 42.3% from the December 15th total of 163,800 shares. Approximately 7.0% of the shares of the company are sold short. Based on an average daily volume of 913,500 shares, the short-interest ratio is presently 0.1 days.

Zeo Energy Price Performance

Shares of NASDAQ ZEO opened at $2.66 on Thursday. The business has a 50-day moving average price of $1.95 and a 200 day moving average price of $2.22. 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 52-week low of $1.05 and a 52-week high of $11.60.

Institutional Investors Weigh In On Zeo Energy

An institutional investor recently bought a new position in Zeo Energy stock. Townsquare Capital LLC purchased a new stake in Zeo Energy Corp. (NASDAQ:ZEO) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 50,378 shares of the company’s stock, valued at approximately $85,000. Townsquare Capital LLC owned about 0.12% of Zeo Energy at the end of the most recent reporting period.

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.