Cellcom Israel Ltd. (OTCMKTS:CELJF) Short Interest Down 52.6% in February

Cellcom Israel Ltd. (OTCMKTS:CELJF) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 3,600 shares, a drop of 52.6% from the January 31st total of 7,600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 6.0 days.

Wall Street Analyst Weigh In

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

Cellcom Israel Price Performance

Shares of Cellcom Israel stock remained flat at $6.75 on Friday. 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 firm has a market capitalization of $1.10 billion, a PE ratio of 28.13 and a beta of 1.00. The firm’s 50 day moving average is $6.42 and its two-hundred day moving average is $5.19.

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.