SPI Energy Co., Ltd. (NASDAQ:SPI) Short Interest Down 29.0% in April

SPI Energy Co., Ltd. (NASDAQ:SPI) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 83,600 shares, a decrease of 29.0% from the March 31st total of 117,700 shares. Based on an average daily volume of 82,100 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the company are short sold.

SPI Energy Stock Performance

SPI stock traded up $0.01 on Monday, hitting $0.50. The company had a trading volume of 32,214 shares, compared to its average volume of 75,083. The company has a current ratio of 0.41, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The stock has a market cap of $15.64 million, a price-to-earnings ratio of -0.56 and a beta of 0.66. The stock’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $0.67. SPI Energy has a 12-month low of $0.46 and a 12-month high of $1.61.

About SPI Energy

SPI Energy Co, Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies.