SolarBank Co. (NASDAQ:SUUN – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 103,800 shares, a growth of 1,574.2% from the September 15th total of 6,200 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 54,000 shares, the days-to-cover ratio is presently 1.9 days.
SolarBank Price Performance
NASDAQ SUUN traded down $0.09 during trading hours on Friday, hitting $3.80. 40,671 shares of the company’s stock were exchanged, compared to its average volume of 35,183. The firm has a 50-day moving average of $4.26. SolarBank has a 1-year low of $3.29 and a 1-year high of $7.50.
SolarBank (NASDAQ:SUUN – Get Free Report) last released its quarterly earnings data on Monday, September 30th. The company reported ($0.25) earnings per share for the quarter. The firm had revenue of $5.83 million for the quarter.
About SolarBank
SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.
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