SPI Energy Co., Ltd. (NASDAQ:SPI) Short Interest Up 903.3% in December

SPI Energy Co., Ltd. (NASDAQ:SPI) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 637,100 shares, a growth of 903.3% from the November 30th total of 63,500 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average daily trading volume, of 1,320,000 shares, the days-to-cover ratio is presently 0.5 days.

SPI Energy Price Performance

SPI stock traded up $0.01 during trading hours on Friday, reaching $0.38. 236,082 shares of the stock were exchanged, compared to its average volume of 553,071. The firm’s 50-day moving average is $0.36 and its 200-day moving average is $0.40. SPI Energy has a 12 month low of $0.27 and a 12 month high of $0.84. The company has a market cap of $12.09 million, a price-to-earnings ratio of -0.43 and a beta of 0.68.

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.