Short Interest in SunPower Corporation (NASDAQ:SPWRW) Decreases By 74.3%

SunPower Corporation (NASDAQ:SPWRW) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 23,146 shares, a decline of 74.3% from the July 30th total of 90,101 shares. Based on an average daily trading volume, of 77,779 shares, the days-to-cover ratio is presently 0.3 days.

SunPower Trading Up 8.5%

SPWRW traded up $0.01 during trading hours on Thursday, reaching $0.09. The company’s stock had a trading volume of 19,975 shares, compared to its average volume of 27,843. SunPower has a fifty-two week low of $0.03 and a fifty-two week high of $0.40. The business’s 50-day moving average is $0.11 and its 200-day moving average is $0.19.

About SunPower

Complete Solaria, Inc provides solar technology and installation services. It offers solar panel designing and installation services, as well as develops a solar digital platform for homeowners and installers. The company also provide financing for solar panels. Complete Solaria, Inc is based in Fremont, California.