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

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

SunPower Stock Performance

NASDAQ SPWRW traded up $0.02 during trading hours on Friday, hitting $0.11. 4,213 shares of the company’s stock traded hands, compared to its average volume of 27,652. SunPower has a 52 week low of $0.03 and a 52 week high of $0.40. The business’s fifty day moving average price is $0.10 and its two-hundred day moving average price is $0.18.

About SunPower

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.