Energy
Short Sellers Pile Harder Into Large Solar Stocks (FSLR, STP, LDK, SPWRA, ENER, SOLR, JASO)
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Short Selling looked higher in some of the key solar and alternative energy stocks. Of the top 7 solar stock plays we track by market cap, six of the seven saw increased short selling for June 15 from May 29:
- First Solar, Inc. (NASDAQ: FSLR) 7,659,466 shares short, a gain of 9.5% from 6,995,776.
- Suntech Power Holdings Co. (NYSE: STP) 9,772,350 shares short, a drop of 8.7% from 10,706,960.
- LDK Solar Co. Inc. (NYSE: LDK) 15,863,243 shares short, a gain of 15.6% from 13,719,877.
- SunPower Corporation (NASDAQ: SPWRA) 14,181,909 shares short, a 2% gain from 13,885,421.
- Energy Conversion Devices, Inc. (NASDAQ: ENER) 12,780,664 shares short, a gain of 1.04% from 12,649,722.
- GT Solar International, Inc. (NASDAQ: SOLR) 6,163,075 shares short, a gain of 10.9% from 5,558,018.
- JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) 9,871,347 shares short, a gain of 48% from 6,652,651.
Jon C. Ogg
June 25, 2009
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