Breaking Short Interest: Today Sunworks Incorporated (NASDAQ:SUNW) Reported Decrease in Shorted Shares

November 17, 2016 - By Pete Kolinski   ·   0 Comments

Breaking Short Interest: Today Sunworks Incorporated (NASDAQ:SUNW) Reported Decrease in Shorted Shares

The stock of Sunworks Incorporated (NASDAQ:SUNW) registered a decrease of 2.58% in short interest. SUNW’s total short interest was 701,100 shares in November as published by FINRA. Its down 2.58% from 719,700 shares, reported previously. With 111,300 shares average volume, it will take short sellers 6 days to cover their SUNW’s short positions. The short interest to Sunworks Incorporated’s float is 3.53%. The stock increased 3.03% or $0.07 on November 16, hitting $2.38. Sunworks Inc (NASDAQ:SUNW) has declined 7.75% since April 15, 2016 and is downtrending. It has underperformed by 12.38% the S&P500.

Sunworks, Inc., formerly Solar3D, Inc., provides photo voltaic based power systems for the residential, commercial and agricultural markets in California and Nevada. The company has a market cap of $50.51 million. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects. It currently has negative earnings. The Company’s commercial installations include office buildings, manufacturing plants, warehouses and agricultural facilities, such as farms, wineries and dairies.

SUNW Company Profile

Sunworks, Inc., formerly Solar3D, Inc., incorporated on January 30, 2002, provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects.

More recent Sunworks Inc (NASDAQ:SUNW) news were published by: Bizjournals.com which released: “Sunworks turns to profit, anticipates doubling revenue” on August 10, 2016. Also Reuters.com published the news titled: “BRIEF-Sunworks inc Q3 loss per share $0.29” on November 10, 2016. Seekingalpha.com‘s news article titled: “Sunworks: SolarCity Sans Baggage And High Price” with publication date: March 16, 2016 was also an interesting one.

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By Pete Kolinski


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