Short Interest in SunPower Corporation (NASDAQ:SPWRW) Drops By 74.3%

SunPower Corporation (NASDAQ:SPWRW) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 23,146 shares, a decrease of 74.3% from the July 30th total of 90,101 shares. Based on an average trading volume of 77,779 shares, the days-to-cover ratio is presently 0.3 days.

SunPower Price Performance

Shares of NASDAQ:SPWRW traded up $0.02 during trading on Friday, reaching $0.11. 4,213 shares of the company’s stock traded hands, compared to its average volume of 27,652. SunPower has a 12 month low of $0.03 and a 12 month high of $0.40. The company has a 50 day moving average of $0.10 and a 200-day moving average of $0.18.

SunPower Company Profile

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.