SPI Energy Co., Ltd. (NASDAQ:SPI – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 54,900 shares, a growth of 17.6% from the June 30th total of 46,700 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 74,000 shares, the short-interest ratio is currently 0.7 days.
SPI Energy Price Performance
Shares of SPI remained flat at $0.35 on Friday. 67,509 shares of the company traded hands, compared to its average volume of 57,140. SPI Energy has a 12 month low of $0.32 and a 12 month high of $1.39. The firm has a 50 day simple moving average of $0.49 and a 200 day simple moving average of $0.56.
Analyst Ratings Changes
Separately, Maxim Group reissued a “hold” rating on shares of SPI Energy in a research report on Tuesday, May 21st.
About SPI Energy
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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