Spi Energy CO LTD. – Ordinary Shares (NASDAQ:SPI) Has Increase in Shorts – Invest Tribune

The stock of Spi Energy CO LTD. – Ordinary Shares (NASDAQ:SPI) registered an increase of 343.22% in short interest. SPI’s total short interest was 189,700 shares in April as published by FINRA. Its up 343.22% from 42,800 shares, reported previously. With 1.20M shares average volume, it will take short sellers 0 days to cover their SPI’s short positions. The short interest to Spi Energy CO LTD. – Ordinary Shares’s float is 5.86%.

It closed at $4.5 lastly. It is down 66.46% since April 25, 2018 and is downtrending. It has underperformed by 70.83% the S&P500.

SPI Energy Co., Ltd. provides engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies in China, the United States, and Greece. The company has market cap of $32.67 million. It also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers, including government-owned utility companies in the United States, China, Greece, and Italy under independent power producer model; and sells electricity from its build-and-transfer model projects to utility companies, independent power developers and producers, and commercial and industrial companies, as well as investors in the solar business. It currently has negative earnings. As of December 31, 2015, it owned and operated 69.2 megawatts of solar projects.

More notable recent SPI Energy Co., Ltd. (NASDAQ:SPI) news were published by: Nasdaq.com which released: “Oil prices dip on surging U.S. crude stockpiles – Nasdaq” on April 10, 2019, also Seekingalpha.com with their article: “Wall Street Breakfast: What Moved Markets This Week – Seeking Alpha” published on March 23, 2019, Globenewswire.com published: “SPI Energy Co., Ltd. Signs Term Sheet for the disposition of its Chinese business – GlobeNewswire” on August 21, 2018. More interesting news about SPI Energy Co., Ltd. (NASDAQ:SPI) were released by: Seekingalpha.com and their article: “SPI energy receives nasdaq filing extension – Seeking Alpha” published on November 21, 2018 as well as Nasdaq.com‘s news article titled: “U.S. STOCKS ON THE MOVE-Caterpillar, Versum, PG&E, Trevena – Nasdaq” with publication date: January 28, 2019.

SPI Energy Co., Ltd. (NASDAQ:SPI) Ratings Chart

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Source: https://investtribune.com/spi-energy-co-ltd-ordinary-shares-nasdaqspi-has-increase-in-shorts/

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