SunPower Corporation (NASDAQ:SPWRW) Sees Large Increase in Short Interest

SunPower Corporation (NASDAQ:SPWRWGet Free Report) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 90,101 shares, an increase of 66.3% from the July 15th total of 54,180 shares. Based on an average trading volume of 33,207 shares, the days-to-cover ratio is currently 2.7 days.

SunPower Stock Performance

NASDAQ SPWRW traded up $0.01 during trading on Tuesday, hitting $0.06. 20,242 shares of the stock traded hands, compared to its average volume of 28,698. The firm has a 50-day simple moving average of $0.12 and a 200-day simple moving average of $0.20. SunPower has a 12-month low of $0.03 and a 12-month high of $0.40.

About SunPower

(Get Free Report)

Complete Solaria, Inc provides solar technology and installation services. It offers solar panel designing and installation services, as well as develops a solar digital platform for homeowners and installers. The company also provide financing for solar panels. Complete Solaria, Inc is based in Fremont, California.

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