SunPower Corporation (NASDAQ:SPWRW) Short Interest Up 40.2% in March

SunPower Corporation (NASDAQ:SPWRW) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 59,958 shares, a growth of 40.2% from the March 15th total of 42,767 shares. Based on an average trading volume of 15,516 shares, the short-interest ratio is presently 3.9 days.

SunPower Stock Performance

Shares of SPWRW opened at $0.28 on Thursday. The business’s 50-day moving average price is $0.25 and its 200-day moving average price is $0.28. SunPower has a twelve month low of $0.05 and a twelve month high of $0.46.

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.