We have tracked the short interest in the following North American Solar companies as of July 31: Canadian Solar Inc. (CSIQ) First Solar Inc. (FSLR), GT Advanced Technologies Inc. (GTAT), SunEdison Inc. (SUNE) and Sunpower Corp. (SPWR). In the Chinese solar sector we tracked the following short interest changes: JA Solar Holdings Co. Ltd. (JASO) LDK Solar Co. Inc. (LDK), Suntech Power Holdings Co. Ltd. (STP), Trina Solar Ltd. (TSL) and Yingli Green Energy Holding Co. Ltd. (YGE).
For China-based firms, the percentage of shares short is not available because the companies are also listed on other exchanges.
Nine Cities Running Out of Water
Canadian Solar Inc. (CSIQ) saw short interest fall by 15.3% to 1.68 million shares, about 5.6% of the company’s total float.
First Solar Inc. (FSLR) short interest drop by 17.3% to 9.29 million shares, which represents 13.4% of the company’s float.
GT Advanced Technologies Inc. (GTAT) showed an increase of 2.1% in short interest to 50.48 million shares, about 42.8% of GT’s float.
SunEdison Inc. (SUNE) showed a decrease of 15.1% in short interest to 11.59 million shares. About 5% of the company’s stock is now short.
Sunpower Corp. (SPWR) saw short interest drop 8.7% to 10.77 million shares, or 25.9% of the company’s total float.
JA Solar Holdings Co. Ltd. (JASO) showed a rise of 2.3% in short interest to 4.06 million shares.
LDK Solar Co. Inc. (LDK) saw short interest rise by 4.1% to 3.7 million shares.
Twelve Things Not to Do If You Win the Lottery
Suntech Power Holdings Co. Ltd. (STP) showed a rise of 1.7% in short interest to 16.99 million shares.
Trina Solar Ltd. (TSL) saw a short interest drop of 7.7% to 10.43 million shares.
Yingli Green Energy Holding Co. Ltd. (YGE) showed a decline of 8.7% in short interest, to 9.15 million shares.
Virtually all solar panel makers saw short interest drop in the two-week period to July 31. The industry appears finally to have convinced investors that the bleeding has stopped. One exception is GT Advanced Technologies, which now has about 43% of its shares held short. The maker of equipment for making semiconductors continues to struggle.
Related Articles