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Cellcom Israel Ltd. (OTCMKTS:CELJF) Sees Large Increase in Short Interest

Financial News Live ·  04/30/2023 06:32

Cellcom Israel Ltd. (OTCMKTS:CELJF – Get Rating) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 52,300 shares, an increase of 23.1% from the March 31st total of 42,500 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is currently 11.9 days.

Cellcom Israel Stock Performance

Shares of OTCMKTS:CELJF remained flat at $3.39 during mid-day trading on Friday. The company had a trading volume of 3 shares, compared to its average volume of 1,107. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.99 and a current ratio of 1.05. Cellcom Israel has a 1-year low of $3.06 and a 1-year high of $6.37. The stock's 50-day moving average price is $3.72 and its 200 day moving average price is $4.50.

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Cellcom Israel Company Profile

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Cellcom Israel Ltd. engages in the provision of cellular communications services. It operates through two segments: Cellular and Fixed-Line. The Cellular segment includes the cellular communications services, end user cellular equipment and supplemental services. The Fixed-Line segment includes landline and long distance telephony services, internet infrastructure and connectivity services, television services, transmission services, end user fixed-line equipment and supplemental services.

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