Complete Solaria, Inc. (NASDAQ:CSLR) Short Interest Update

Complete Solaria, Inc. (NASDAQ:CSLR) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 4,370,000 shares, a growth of 27.4% from the March 15th total of 3,430,000 shares. Based on an average daily volume of 349,400 shares, the days-to-cover ratio is currently 12.5 days. Approximately 9.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Janney Montgomery Scott downgraded shares of Complete Solaria from a “buy” rating to a “neutral” rating in a report on Thursday, March 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Complete Solaria by 57.7% in the third quarter. State Street Corp now owns 106,600 shares of the company’s stock valued at $300,000 after acquiring an additional 39,000 shares during the period. Jane Street Group LLC acquired a new stake in Complete Solaria in the 3rd quarter worth about $51,000. XTX Topco Ltd bought a new stake in Complete Solaria in the 3rd quarter valued at about $129,000. ARS Investment Partners LLC grew its position in shares of Complete Solaria by 12.0% during the 4th quarter. ARS Investment Partners LLC now owns 60,795 shares of the company’s stock worth $109,000 after purchasing an additional 6,510 shares in the last quarter. Finally, Commons Capital LLC bought a new position in shares of Complete Solaria during the fourth quarter worth approximately $90,000. 30.25% of the stock is owned by institutional investors and hedge funds.

Complete Solaria Trading Up 2.6 %

Shares of NASDAQ:CSLR traded up $0.05 during trading on Friday, reaching $1.95. 1,523,183 shares of the stock were exchanged, compared to its average volume of 378,853. Complete Solaria has a 12 month low of $0.22 and a 12 month high of $3.37. The stock has a 50-day moving average price of $1.56 and a 200-day moving average price of $1.80.

About Complete Solaria

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.