SPI Energy Co., Ltd. (NASDAQ:SPI) Sees Significant Decline in Short Interest

SPI Energy Co., Ltd. (NASDAQ:SPI) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 83,600 shares, a decrease of 29.0% from the March 31st total of 117,700 shares. Based on an average trading volume of 82,100 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s shares are short sold.

SPI Energy Price Performance

SPI Energy stock traded down $0.02 during mid-day trading on Friday, hitting $0.49. The company’s stock had a trading volume of 49,909 shares, compared to its average volume of 79,914. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.41. The company has a 50 day moving average of $0.59 and a 200-day moving average of $0.67. SPI Energy has a one year low of $0.46 and a one year high of $1.61.

About SPI Energy

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.