Complete Solaria, Inc. (NASDAQ:CSLR) Short Interest Update

Complete Solaria, Inc. (NASDAQ:CSLR) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 253,300 shares, a growth of 54.5% from the March 31st total of 163,900 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 573,300 shares, the short-interest ratio is currently 0.4 days.

Complete Solaria Trading Up 42.1 %

CSLR traded up $0.16 during trading on Monday, reaching $0.54. 11,684,769 shares of the company traded hands, compared to its average volume of 557,455. Complete Solaria has a 12-month low of $0.20 and a 12-month high of $16.00. The firm has a fifty day simple moving average of $0.69 and a 200 day simple moving average of $1.09.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. K2 Principal Fund L.P. purchased a new position in shares of Complete Solaria in the third quarter valued at $41,000. Symmetry Peak Management LLC bought a new stake in shares of Complete Solaria in the fourth quarter valued at about $48,000. Hollow Brook Wealth Management LLC bought a new stake in shares of Complete Solaria in the fourth quarter valued at about $62,000. Meteora Capital LLC bought a new stake in shares of Complete Solaria in the third quarter valued at about $3,274,000. Finally, Carlyle Group Inc. bought a new stake in shares of Complete Solaria in the third quarter valued at about $5,142,000. 30.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald started coverage on shares of Complete Solaria in a research note on Monday, January 8th. They issued an “overweight” rating and a $6.00 price objective on the stock.

Complete Solaria Company Profile

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.