SPI Energy Co., Ltd. (NASDAQ:SPI) Short Interest Down 50.1% in September

by · The Cerbat Gem

SPI Energy Co., Ltd. (NASDAQ:SPI – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 593,600 shares, a drop of 50.1% from the September 15th total of 1,190,000 shares. Currently, 2.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 755,500 shares, the short-interest ratio is currently 0.8 days.

SPI Energy Stock Performance

Shares of NASDAQ:SPI traded up $0.01 during midday trading on Friday, hitting $0.65. 341,698 shares of the stock were exchanged, compared to its average volume of 303,010. The business’s 50-day moving average price is $0.38 and its 200 day moving average price is $0.46. SPI Energy has a 12 month low of $0.27 and a 12 month high of $1.26. The stock has a market capitalization of $20.57 million, a price-to-earnings ratio of -0.74 and a beta of 0.68.

SPI Energy Company Profile

(Get Free Report)

SPI Energy Co, Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies.

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