SPI Energy Co., Ltd. (NASDAQ:SPI) Sees Large Decrease in Short Interest

SPI Energy Co., Ltd. (NASDAQ:SPI) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 83,600 shares, a drop of 29.0% from the March 31st total of 117,700 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 82,100 shares, the days-to-cover ratio is presently 1.0 days.

SPI Energy Trading Down 3.7 %

Shares of SPI stock traded down $0.02 on Friday, reaching $0.49. 49,909 shares of the company were exchanged, compared to its average volume of 79,914. SPI Energy has a 1 year low of $0.46 and a 1 year high of $1.61. The company has a quick ratio of 0.24, a current ratio of 0.41 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average price of $0.59 and a 200 day moving average price of $0.67.

About SPI Energy

SPI Energy Co, Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies.