Short Interest in SPI Energy Co., Ltd. (SPI) Drops By 40.9%

SPI Energy Co., Ltd. (NASDAQ:SPI) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 345,500 shares, a drop of 40.9% from the October 13th total of 584,274 shares. Based on an average daily volume of 5,566,003 shares, the days-to-cover ratio is currently 0.1 days.

Shares of SPI Energy Co. (SPI) opened at $1.16 on Friday. SPI Energy Co. has a fifty-two week low of $0.83 and a fifty-two week high of $24.70.

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About SPI Energy Co.

SPI Energy Co, Ltd. provides photovoltaic (PV) solutions for business, residential, government and utility customers and investors. The Company operates through solar energy products and services segment. The types of products and services in segment includes engineering, procurement and construction (EPC) services, sales of PV solar system, electricity revenue under power purchase agreements, trading of PV solar components, pre-development project sales and financial service revenue.

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