Energy
One Massive Move in Solar and Alt Energy Short Interest to End 2014
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First Solar Inc. (NASDAQ: FSLR) saw short interest fall by 10.6% to 7.99 million shares, which represents 10.9% of the company’s float. Days to cover fell to three. In the two-week short interest period to December 31, shares rose nearly 6% but slipped about 22% in 2014 to close the year at $44.60. The stock’s 52-week range is $39.88 to $74.84, and it closed at $19.92 on Monday.
SunEdison Inc. (NYSE: SUNE) showed an increase of 4.7% in short interest to 75.18 million shares. About 27.9% of the company’s stock is now short and days to cover rose to nine. In the latest two-week short interest reporting period, shares fell nearly 21% and finished the year up about 40% at $19.51. The stock closed at $19.92 Monday night, in a 52-week range of $13.09 to $24.35.
SunPower Corp. (NASDAQ: SPWR) short interest fell by 1.7% to 10.53 million shares, or 20.2% of the company’s float. In the two-week short interest period to December 31, shares rose 12%, but they fell 20% in 2014, closing the year at $25.83. The stock’s 52-week range is $22.75 to $42.07, and it closed at $25.51 on Monday. Days to cover rose to six.
SolarCity Corp. (NASDAQ: SCTY) saw a short interest rise by 10.4% to 20.58 million shares, or 36.3% of the company’s total float. Days to cover rose to nine. In the two-week short interest period, shares rose nearly 7%, but they fell about 10% in 2014 to close the year at $53.48. The stock’s 52-week range is $45.79 to $88.35, and shares closed at $49.32 Monday.
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Canadian Solar Inc. (NASDAQ: CSIQ) saw a rise of 12.5% in short interest in the two-week period to December 31. Some 13.4% of the stock, 5.54 million shares, are short, and days to cover rose to two. The company’s shares rose about 5% over the two weeks and closed out 2014 down about 29% at $24.19. Shares closed Monday night at $21.92, in a 52-week range of $20.64 to $44.50.
FuelCell Energy Inc. (NASDAQ: FCEL) had a decline of 5.1% in short interest during the two-week period. About 13.8% of the company’s stock, 32.39 million shares, is short and days to cover fell to eight. In the two-week short interest period, the shares dropped nearly 5%, but closed the year up about 7% at $1.54. The stock closed at $1.40 on Monday, in a 52-week range of $1.30 to $4.74.
Plug Power Inc. (NASDAQ: PLUG) saw short interest fall by 6.8% to 33.02 million shares. Days to cover rose to six and about 19.8% of the company’s shares are short. In the two weeks to December 31, the stock’s share price rose more than 2%, but shares rose nearly 29% in 2014 to close the year at $3.00. The stock’s 52-week range is $2.22 to $11.72, and shares closed Monday at $2.94.
Clean Energy Fuels Corp. (NASDAQ: CLNE) saw a rise of just 0.1% in short interest to 16.6 million shares. About 24% of the company’s shares are short and days to cover remained unchanged at eight. Shares rose more 9% in the two-week period to December 31, and they were down about 61% in 2014 to close the year at $5.00. Shares closed at $4.53 on Monday, in a 52-week range of $4.25 to $12.53.
Pacific Ethanol Inc. (NASDAQ: PEIX) saw short interest drop by 36.5% in the two-week period to 3.02 million shares, about 13.2% of the company’s float. Days to cover remained unchanged at three. The stock price rose about 1.5% in the two weeks to December 31 and shares closed out the year at $10.33, up 97.5% in 2014. Shares closed at $8.43 on Monday, in a 52-week range of $5.82 to $23.97.
ALSO READ: The 5 Most Shorted Nasdaq Stocks at the End of 2014
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