Cellcom Israel, Ltd. (OTCMKTS:CELJF – Get Free Report) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 4,793 shares, a drop of 53.6% from the August 15th total of 10,338 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,647 shares, the short-interest ratio is currently 2.9 days.
Cellcom Israel Trading Down 1.1%
CELJF opened at $12.21 on Wednesday. Cellcom Israel has a 12-month low of $8.01 and a 12-month high of $14.12. The firm has a 50 day moving average of $10.91 and a two-hundred day moving average of $11.00. The firm has a market capitalization of $2.00 billion, a PE ratio of 29.07 and a beta of 0.92.
About Cellcom Israel
Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include mobile voice and data services, wireless communications, fixed-line telephony, broadband internet and television services.
The company also provides international communications, data connectivity, information technology and other business communications solutions. Through its service portfolio and network infrastructure, Cellcom supports residential customers, enterprises and public-sector organizations across Israel.
Cellcom Israel was established in 1994 and has developed from a mobile operator into a broader communications provider.
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