SPI Energy Co., Ltd. (NASDAQ:SPI) Sees Large Growth in Short Interest

SPI Energy Co., Ltd. (NASDAQ:SPI) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 637,100 shares, a growth of 903.3% from the November 30th total of 63,500 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average daily volume of 1,320,000 shares, the short-interest ratio is currently 0.5 days.

SPI Energy Stock Performance

Shares of SPI stock traded down $0.00 during trading hours on Thursday, hitting $0.38. 303,061 shares of the company were exchanged, compared to its average volume of 553,387. The firm has a market cap of $12.01 million, a P/E ratio of -0.43 and a beta of 0.68. The company has a 50 day simple moving average of $0.37 and a two-hundred day simple moving average of $0.40. SPI Energy has a fifty-two week low of $0.27 and a fifty-two week high of $0.85.

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.