SolarBank Co. (NASDAQ:SUUN) Short Interest Down 67.2% in October

SolarBank Co. (NASDAQ:SUUN) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 22,800 shares, a drop of 67.2% from the October 15th total of 69,500 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 59,700 shares, the short-interest ratio is presently 0.4 days.

SolarBank Stock Up 2.1 %

Shares of SUUN traded up $0.06 during trading hours on Wednesday, hitting $2.92. The stock had a trading volume of 31,989 shares, compared to its average volume of 34,665. SolarBank has a 52 week low of $2.51 and a 52 week high of $7.50. The company’s fifty day moving average is $3.80 and its two-hundred day moving average is $4.93.

SolarBank (NASDAQ:SUUN) last announced its quarterly earnings data on Monday, September 30th. The company reported ($0.25) EPS for the quarter. The business had revenue of $5.83 million during the quarter.

SolarBank Company Profile

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.