Short Interest in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) Declines By 20.8%

Posted by Casey Walker on Mar 19th, 2025

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 780,200 shares, a decline of 20.8% from the February 13th total of 985,500 shares. Based on an average trading volume of 394,700 shares, the days-to-cover ratio is presently 2.0 days. Approximately 14.9% of the shares of the stock are short sold.

Maxeon Solar Technologies Price Performance

NASDAQ MAXN traded down $0.22 on Tuesday, hitting $3.94. 127,600 shares of the company were exchanged, compared to its average volume of 679,980. The company’s 50 day moving average price is $5.22 and its 200-day moving average price is $165.07. The firm has a market capitalization of $2.16 million, a P/E ratio of -0.01 and a beta of 1.38. Maxeon Solar Technologies has a twelve month low of $2.68 and a twelve month high of $410.00.

Institutional Trading of Maxeon Solar Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP acquired a new stake in Maxeon Solar Technologies during the 3rd quarter worth about $204,000. Verition Fund Management LLC acquired a new stake in Maxeon Solar Technologies during the 3rd quarter worth about $113,000. XTX Topco Ltd raised its holdings in Maxeon Solar Technologies by 343.8% during the 3rd quarter. XTX Topco Ltd now owns 674,890 shares of the company’s stock worth $65,000 after buying an additional 522,830 shares during the period. 683 Capital Management LLC acquired a new stake in Maxeon Solar Technologies during the 4th quarter worth about $610,000. Finally, Aristides Capital LLC acquired a new stake in Maxeon Solar Technologies during the 4th quarter worth about $258,000. Institutional investors and hedge funds own 47.67% of the company’s stock.

About Maxeon Solar Technologies

(Get Free Report)

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers.