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

SPI Energy Co., Ltd. (NASDAQ:SPI) was the recipient of a large growth in short interest in 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. Approximately 4.5% of the shares of the stock are sold short. Based on an average daily volume of 4,590,000 shares, the short-interest ratio is currently 0.2 days.

SPI Energy Stock Performance

Shares of NASDAQ SPI traded down $0.09 during mid-day trading on Friday, reaching $0.77. The company’s stock had a trading volume of 44,409,278 shares, compared to its average volume of 10,684,398. The stock has a fifty day moving average of $0.41 and a two-hundred day moving average of $0.41. SPI Energy has a 52 week low of $0.27 and a 52 week high of $1.75.

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.