Short Interest in Cellcom Israel, Ltd. (OTCMKTS:CELJF) Increases By 2,000.0%

Cellcom Israel, Ltd. (OTCMKTS:CELJF) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 2,100 shares, a growth of 2,000.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 0.9 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Cellcom Israel to a “strong-buy” rating in a research report on Sunday, July 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Cellcom Israel Stock Performance

Shares of OTCMKTS CELJF opened at $9.78 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.67 and a quick ratio of 0.60. Cellcom Israel has a 1 year low of $3.00 and a 1 year high of $10.90. The firm has a 50-day simple moving average of $9.55 and a two-hundred day simple moving average of $8.16.

Cellcom Israel (OTCMKTS:CELJF) last announced its quarterly earnings data on Wednesday, October 15th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $311.45 million during the quarter. Cellcom Israel had a net margin of 5.40% and a return on equity of 9.76%.

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.