Energy
Short Interest in Solar Stocks Continues to Rise (CSIQ, FSLR, GTAT, WFR, SPWR, JASO, LDK, STP, TSL, YGE)
Published:
Last Updated:
For China-based firms, the percentage of shares short is not available because the companies are also listed on other exchanges.
Canadian Solar Inc. (NASDAQ: CSIQ) saw short interest rise 3.5% to 2.14 million shares, which is 7.1% of the company’s total float.
First Solar Inc. (NASDAQ: FSLR) short interest increased by 6.4% to 17.77 million shares, which represents 29.5% of the company’s float.
GT Advanced Technologies Inc. (NASDAQ: GTAT) showed an increase of 8.3% in short interest, to 38.26 million shares, or about 32.2% of GT’s float.
The short interest in MEMC Electronic Materials Inc. (NYSE: WFR) grew 2.1% to 16.74 million shares, about 7.3% of MEMC’s float.
SunPower Corp. (NASDAQ: SPWR) saw short interest rise by 11.9% to 9.93 million shares, 25% of the company’s total float.
J.A. Solar Holdings Co. Ltd. (NASDAQ: JASO) showed an increase of 15.4% in short interest to 3.36 million shares.
LDK Solar Co. Inc. (NYSE: LDK) saw short interest decline of 19% to 3.55 million shares.
Suntech Power Holdings Co. Ltd. (NYSE: STP) showed a rise of 4.2% in short interest to 28.46 million shares.
Trina Solar Ltd. (NYSE: TSL) saw short interest rise of 5.6% to 19 million shares.
Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) showed a rise of 5.6% in short interest to 5.67 million shares.
Shares of the Chinese solar stocks continue to be volatile, and share prices are tied to news related to government spending on planned solar installation in China during 2013. First Solar’s weak earnings brought some shorts back. And short interest in SunPower jumped again, likely due to the belief that there is not much good news coming from the firm, which has seen share prices spike in the first few months of the year.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
