Pineapple Energy Inc. (NASDAQ:PEGY – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 5,600 shares, a drop of 97.9% from the September 30th total of 269,400 shares. Based on an average daily volume of 852,300 shares, the short-interest ratio is currently 0.0 days. Currently, 0.6% of the shares of the stock are sold short.
Pineapple Energy Stock Performance
NASDAQ:PEGY opened at $4.73 on Friday. Pineapple Energy has a 12 month low of $4.05 and a 12 month high of $734.92. The company’s 50-day moving average price is $16.92 and its two-hundred day moving average price is $54.85.
Pineapple Energy (NASDAQ:PEGY – Get Free Report) last announced its earnings results on Monday, August 19th. The company reported ($55.50) EPS for the quarter, topping the consensus estimate of ($135.00) by $79.50. Pineapple Energy had a negative return on equity of 193.08% and a negative net margin of 15.13%. The business had revenue of $13.55 million for the quarter, compared to the consensus estimate of $20.90 million.
Institutional Trading of Pineapple Energy
Pineapple Energy Company Profile
Pineapple Energy Inc engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries.
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