Short Interest in SunPower Corporation (NASDAQ:SPWRW) Grows By 40.2%

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

SunPower Stock Down 0.0%

SPWRW opened at $0.28 on Wednesday. The business’s 50 day moving average is $0.25 and its two-hundred day moving average is $0.28. SunPower has a 52 week low of $0.05 and a 52 week high of $0.46.

SunPower Company Profile

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.