Energy
Solar Stocks’ Short Interest Little Changed (CSIQ, FSLR, GTAT, WFR, SPWR, JASO, LDK, STP, TSL, YGE)
Published:
Last Updated:
Source: Thinkstock
In the Chinese solar sector we tracked the following short interest changes: JA Solar Holdings Co. Ltd. (NASDAQ: JASO), LDK Solar Co. Inc. (NYSE: LDK), Suntech Power Holdings Co. Ltd. (NYSE: STP), Trina Solar Ltd. (NYSE: TSL) and Yingli Green Energy Holding Co. Ltd. (NYSE: YGE).
For China-based firms, the percentage of shares short is not available because the companies are also listed on other exchanges.
Canadian Solar Inc. (NASDAQ: CSIQ) saw short interest fall 8% to 3.03 million shares, or 10% of the company’s total float.
First Solar Inc. (NASDAQ: FSLR) short interest rose 0.1% to 25.87 million shares, which represents 43% of the company’s float.
GT Advanced Technologies Inc. (NASDAQ: GTAT) showed a decrease of 0.1% in short interest, to 37.66 million shares, about 31.9% of GT’s float.
MEMC Electronic Materials Inc. (NYSE: WFR) showed a decline of 0.3% in short interest, to 24.22 million shares, about 10.6% of MEMC’s float.
Sunpower Corp. (NASDAQ: SPWR) saw short interest rise by 4.9% to 4.6 million shares, 11.6% of the company’s total float.
JA Solar Holdings Co. Ltd. (NASDAQ: JASO) showed an increase of 1.6% in short interest to 8.94 million shares.
LDK Solar Co. Inc. (NYSE: LDK) saw short interest drop 1.2% to 6.91 million shares.
Suntech Power Holdings Co. Ltd. (NYSE: STP) showed a rise of 15.5% in short interest to 22.49 million shares.
Trina Solar Ltd. (NYSE: TSL) saw short interest rise 0.7% to 15 million shares.
Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) showed a decline of 6.3% in short interest, to 5.55 million shares.
The majority of solar PV makers showed little change in short interest in the last half of November. The exception is Suntech, where short interest rose more than 15% due to the company’s continuing weakness and the reluctance of the firm’s CEO and founder to accept what amounts to a government takeover of the company. First Solar, GT Advanced Technologies, SunPower and Suntech all made our list of alternative energy picks and pans for 2013.
Paul Ausick
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
