Short Sellers Losing Conviction in Alternative Energy (CSIQ, CPST, CLNE, ESLR, FSLR, FTEK, FCEL, HOKU, LDK, SPWR, STP)

Energy

Published: September 25, 2008 8:07 am

Last Updated: April 28, 2020 4:49 am

Solar_panel_pic Many traders and short sellers have loved targeting solar power and other alternative energy stocks. Interestingly, bets against these companies have not risen dramatically even though many of them are under pressure from falling energy and commodities prices. As you will see below, there was only one company with a significant rise in short interest.

Alternative Energy                         SEPT 15    AUG 29    Change
Canadian Solar Inc. (CSIQ)          4,731,677 4,792,383 -1.27%
Capstone Turbine Corp. (CPST) 28,332,291 26,868,541    5.45%
Clean Energy Fuels Corp. (CLNE) 4,871,814 3,157,778    54.28%
Evergreen Solar, Inc. (ESLR)       30,308,874 29,577,222    2.47%
First Solar, Inc. (FSLR)                3,966,956 4,118,065 -3.67%
Fuel Tech, Inc. (FTEK)                9,302,674    8,967,558    3.74%
FuelCell Energy, Inc. (FCEL)    13,205,000 13,231,020 -0.20%
Hoku Scientific, Inc. (HOKU)       3,363,737 3,408,545 -1.31%
LDK Solar Co. Inc. (LDK)          11,752,249 12,810,785 -8.26%
SunPower Corporation (SPWR) 18,335,432 18,696,656 -1.93%
Suntech Power Holdings (STP) 12,782,938 12,693,121    0.71%

Jon C. Ogg
September 25, 2008

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