Energy Business

Short Sellers Still Target Solar Stocks (FSLR, SPWR, ESLR, CSIQ, AKNS, HOKU)

These are not all of the solar stocks we cover on NASDAQ, but as you can see the short selling against these stocks has increased as of mid-June despite the high energy costs. Here we ran the short interest for our main names in solar power NASDAQ such as First Solar, Inc. (NASDAQL FSLR), SunPower Corporation (NASDAQ: SPWR), Evergreen Solar Inc. (NASDAQ: ESLR), Canadian Solar Inc. (NASDAQ: CSIQ), Akeena Solar Inc. (NASDAQ: AKNS), and Hoku Scientific, Inc. (NASDAQ: HOKU).

We broke these down by the stock with the date and we showed a comparison of both the May 30 date and what the related changes were at that date as well. 

First Solar, Inc. (NASDAQ: FSLR)
AS OF DATE    Short Int.    Change
06/13/2008      4,183,584      20.16%      
05/30/2008      3,481,565     -1.03%    

SunPower Corporation (NASDAQ: SPWR)
AS OF DATE    Short Int.    Change
06/13/2008      16,804,676      6.46%
05/30/2008      15,784,486      3.63%

Evergreen Solar Inc. (NASDAQ: ESLR)
AS OF DATE    Short Int.    Change
06/13/2008      29,219,334      20.92%
05/30/2008       24,164,046     9.23%

Canadian Solar Inc. (NASDAQ: CSIQ)
AS OF DATE    Short Int.    Change
06/13/2008      4,634,187      8.23%
05/30/2008      4,281,924     -0.68%

Akeena Solar Inc. (NASDAQ: AKNS)
AS OF DATE    Short Int.    Change
06/13/2008      3,718,884      10.32%
05/30/2008      3,371,093       2.77%

Hoku Scientific, Inc. (NASDAQ: HOKU)
AS OF DATE    Short Int.    Change
06/13/2008      3,031,978      10.80%
05/30/2008      2,736,325     -19.45%

Jon C. Ogg
June 25, 2008