SPI Energy Co., Ltd. (NASDAQ:SPI) Short Interest Up 64.8% in December

SPI Energy Co., Ltd. (NASDAQ:SPI) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,050,000 shares, a growth of 64.8% from the December 15th total of 637,100 shares. Currently, 4.5% of the company’s stock are sold short. Based on an average trading volume of 4,590,000 shares, the short-interest ratio is currently 0.2 days.

SPI Energy Stock Performance

Shares of SPI Energy stock traded down $0.09 during midday trading on Thursday, hitting $0.77. The company had a trading volume of 44,409,278 shares, compared to its average volume of 10,684,398. The company has a fifty day simple moving average of $0.41 and a 200 day simple moving average of $0.40. SPI Energy has a 12-month low of $0.27 and a 12-month high of $1.75.

SPI Energy Company Profile

SPI Energy Co, Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies.