Short Interest in Solar Stocks Declines as Crude Oil Prices Rise

First Solar Inc. (NASDAQ: FSLR) saw short interest drop by about 1.3% to 8.05 million shares, which represents 11% of the company’s float. Days to cover slipped to two. In the two-week short interest period to February 13, shares rose more than 15%. The stock’s 52-week range is $27.00 to $79.77, and it closed at $30.02 on Wednesday.

SunEdison Inc. (NYSE: SUNE) showed a decrease of 1.3% in short interest, to 78.44 million shares. About 29.2% 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 rose about 14.5%. The stock closed at $22.85 Wednesday night, in a 52-week range of $13.09 to $24.35.

SunPower Corp. (NASDAQ: SPWR) short interest fell by 0.8% to 9.87 million shares, or 18.9% of the company’s float. In the two-week short interest period, shares gained more than 17%. The stock’s 52-week range is $22.75 to $42.07, and it closed at $32.87 on Wednesday. Days to cover remained unchanged at five.

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SolarCity Corp. (NASDAQ: SCTY) saw a short interest fall by 4.4% to 18 million shares, 32.7% of the company’s total float. Days to cover fell to nine. In the two-week short interest period, shares rose about 18.5%. The stock’s 52-week range is $45.79 to $88.23, and shares closed at $52.28 last night.

Canadian Solar Inc. (NASDAQ: CSIQ) saw a rise of 7.7% in short interest in the two-week period to February 13. Some 10.1% of the stock, 4.2 million shares, are short, and days to cover fell to one. The company’s shares rose about 41% over the two weeks. Shares closed Wednesday at $29.73, in a 52-week range of $18.68 to $44.50.

FuelCell Energy Inc. (NASDAQ: FCEL) had a rise of 1.4% in short interest during the two-week period. About 12.9% of the company’s stock, 31.3 million shares, is short and days to cover rose to 10. In the short interest period, the shares rose more than 9%. The stock closed at $1.27 on Wednesday, in a 52-week range of $1.05 to $4.74.

Plug Power Inc. (NASDAQ: PLUG) saw short interest rise by 0.9% to 31.23 million shares. Days to cover rose to seven, and about 18.7% of the company’s shares are short. In early February, the stock’s share price rose about 18%. The stock’s 52-week range is $2.48 to $11.72, and shares closed Wednesday at $3.12.

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Clean Energy Fuels Corp. (NASDAQ: CLNE) saw a drop of 5.5% in short interest to 14.87 million shares. About 21.2% of the company’s shares are short, and days to cover slipped to nine. Shares rose about 30% in the two-week period to February 13. The stock closed at $5.25 on Tuesday, in a 52-week range of $3.99 to $11.79.

Pacific Ethanol Inc. (NASDAQ: PEIX) saw short interest rise by 0.4% in the two-week period to 3.66 million shares, or about 16.2% of the company’s float. Days to cover rose to four. The stock price rose more than 14% in the two weeks. The stock closed at $8.77 on Wednesday, in a 52-week range of $7.51 to $23.97.