Friday, March 05, 2010

Top 10 Solar Stocks with Highest Short Interest

Below are the top 10 Solar stocks with the highest short interest as a percentage of total shares outstanding. Four Chinese companies (LDK, STP, YGE, TSL) are on the list.

Energy Conversion Devices, Inc. (NASDAQ:ENER) has the 1st highest short interest in this segment of the market. Its short interest is 33.4% of its total shares outstanding. Its Days to Cover is 5.51, calculated as current short interest divided by average daily volume.
First Solar, Inc. (NASDAQ:FSLR) has the 2nd highest short interest in this segment of the market. Its short interest is 18.9% of its total shares outstanding. Its Days to Cover is 7.61, calculated as current short interest divided by average daily volume.
LDK Solar Co., Ltd. (NYSE:LDK) has the 3rd highest short interest in this segment of the market. Its short interest is 18.7% of its total shares outstanding. Its Days to Cover is 7.66, calculated as current short interest divided by average daily volume.
SunPower Corporation (NASDAQ:SPWRA) has the 4th highest short interest in this segment of the market. Its short interest is 15.9% of its total shares outstanding. Its Days to Cover is 7.13, calculated as current short interest divided by average daily volume.
Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) has the 5th highest short interest in this segment of the market. Its short interest is 12.4% of its total shares outstanding. Its Days to Cover is 6.74, calculated as current short interest divided by average daily volume.
Evergreen Solar, Inc. (NASDAQ:ESLR) has the 6th highest short interest in this segment of the market. Its short interest is 11.1% of its total shares outstanding. Its Days to Cover is 5.31, calculated as current short interest divided by average daily volume.
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