Short Interest in Cellcom Israel Ltd. (OTCMKTS:CELJF) Decreases By 97.2%

Cellcom Israel Ltd. (OTCMKTS:CELJF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 97.2% from the February 13th total of 3,600 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 0.1 days.

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 Price Performance

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

About Cellcom Israel

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.