SPI Energy Co., Ltd. (NASDAQ:SPI) Sees Large Growth in Short Interest

SPI Energy Co., Ltd. (NASDAQ:SPI) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 1,050,000 shares, an increase of 64.8% from the December 15th total of 637,100 shares. Approximately 4.5% of the company’s stock are sold short. Based on an average trading volume of 4,590,000 shares, the short-interest ratio is currently 0.2 days.

SPI Energy Price Performance

SPI traded down $0.09 during mid-day trading on Thursday, reaching $0.77. 44,409,278 shares of the stock were exchanged, compared to its average volume of 10,684,398. SPI Energy has a 1 year low of $0.27 and a 1 year high of $1.75. The company has a 50 day moving average price of $0.41 and a two-hundred day moving average price of $0.41.

SPI Energy Company Profile

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.