Short Sellers Pile Harder Into Large Solar Stocks (FSLR, STP, LDK, SPWRA, ENER, SOLR, JASO)

Short Selling looked higher in some of the key solar and alternative energy stocks.  Of the top 7 solar stock plays we track by market cap, six of the seven saw increased short selling for June 15 from May 29:

• First Solar, Inc. (NASDAQ: FSLR) 7,659,466 shares short, a gain of 9.5% from 6,995,776.
• Suntech Power Holdings Co. (NYSE: STP) 9,772,350 shares short, a drop of 8.7% from 10,706,960.
• LDK Solar Co. Inc. (NYSE: LDK) 15,863,243 shares short, a gain of 15.6% from 13,719,877.
• SunPower Corporation (NASDAQ: SPWRA) 14,181,909 shares short, a 2% gain from 13,885,421.
• Energy Conversion Devices, Inc. (NASDAQ: ENER) 12,780,664 shares short, a gain of 1.04% from 12,649,722.
• GT Solar International, Inc. (NASDAQ: SOLR) 6,163,075 shares short, a gain of 10.9% from 5,558,018.
• JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) 9,871,347 shares short, a gain of 48% from 6,652,651.

Jon C. Ogg
June 25, 2009