Energy
Alternative Energy Short Selling Decreases (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, HOKU, JASO, SFUN, SPWRA, SPWRB)
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Short selling is not always just used as a bet against a stock, but that is what Wall Street evaluates short interest for. We did note a drop in short selling on NASDAQ from mid-December to December 31. But it is odd that short selling in alternative energy stocks has come down too. this is despite how weak some of the alternative energy stocks have been and how the industry is being gutted by sudden cheap energy prices again.
Stock (Ticker) Dec. 31 Dec. 15 Change
Canadian Solar Inc. (CSIQ) 2,221,041 2,535,153 -12.39%
Capstone Turbine Corp. (CPST) 15,238,501 15,982,879 -4.66%
Clean Energy Fuels Corp. (CLNE) 3,766,746 3,363,349 +11.99%
Energy Conversion Devices (ENER) 10,903,594 11,784,508 -7.48%
Evergreen Solar, Inc. (ESLR) 23,030,783 24,041,949 -4.21%
First Solar, Inc. (FSLR) 7,586,475 7,725,457 -1.80%
FuelCell Energy, Inc. (FCEL) 5,844,014 6,821,520 -14.33%
GT Solar International (SOLR) 2,588,190 2,585,455 +0.11%
Hoku Scientific, Inc. (HOKU) 1,912,737 2,012,192 -4.94%
JA Solar Holdings, Co. (JASO) 14,182,231 15,976,615 -11.23%
Solarfun Power Holdings Co. (SFUN) 3,027,631 3,948,622 -23.32%
SunPower Corp. (A) (SPWRA) 9,418,472 9,619,152 -2.09%
SunPower Corp. (B) (SPWRB) 2,521,597 2,618,116 -3.69%
Jon C. Ogg
January 13, 2009
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