Cellcom Israel Ltd. (OTCMKTS:CELJF) Sees Significant Decrease in Short Interest

Cellcom Israel Ltd. (OTCMKTS:CELJF) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 100 shares, a decline of 97.2% from the February 13th total of 3,600 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Cellcom Israel Price Performance

Shares of CELJF stock remained flat at $6.44 during trading on Wednesday. Cellcom Israel has a 12 month low of $3.10 and a 12 month high of $7.49. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 0.52. The stock has a 50 day moving average of $6.58 and a 200 day moving average of $5.34. The firm has a market cap of $1.05 billion, a PE ratio of 26.83 and a beta of 1.04.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Cellcom Israel from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 28th.

Cellcom Israel Company Profile

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.