Spi Energy Co Ltd (NASDAQ:SPI) Short Interest Down 7.0% in June

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Spi Energy Co Ltd (NASDAQ:SPI) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 41,300 shares, a drop of 7.0% from the May 15th total of 44,400 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 60,800 shares, the days-to-cover ratio is presently 0.7 days.

Shares of NASDAQ:SPI traded down $0.04 during trading on Friday, hitting $2.01. 4,561 shares of the stock were exchanged, compared to its average volume of 20,379. Spi Energy has a 1-year low of $0.61 and a 1-year high of $7.32. The company has a fifty day moving average price of $2.68. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 286.77.

Spi Energy Company Profile

SPI Energy Co, Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. It offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. The company also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers.

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