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Are Short Sellers Losing Interest in Solar Energy Stocks?

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on October 14. Of the companies we watch, short interest rose on two of four solar stocks and on two of four alternative energy stocks.

First Solar Inc. (NASDAQ: FSLR) saw short interest rise by 7.8% to 14.5 million shares, which represents about 21% of the company’s float. Days to cover rose from four to six. In the two-week short interest period, the stock’s share price rose by about 1%. Its 52-week trading range is $33.74 to $74.29, and it closed at $40.68 on Tuesday, down about 0.5% for the day.

SunPower Corp. (NASDAQ: SPWR) short interest increased by 12.5% to 17.29 million shares, or 26.3% of the company’s float. In the two-week period to October 14, the share price fell by 8.4%. The stock’s 52-week range is $7.37 to $31.10, and it closed at $8.39 on Tuesday, down about 0.5%. Days to cover rose from four to seven.

SolarCity Corp. (NASDAQ: SCTY) saw short interest decrease...


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