SUNation Energy Inc. (NASDAQ:SUNE) Short Interest Update

SUNation Energy Inc. (NASDAQ:SUNE) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 702,432 shares, a growth of 610.3% from the January 29th total of 98,895 shares. Currently, 20.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,878,254 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 14,878,254 shares, the days-to-cover ratio is presently 0.0 days. Currently, 20.6% of the shares of the stock are sold short.

SUNation Energy Stock Performance

Shares of NASDAQ:SUNE opened at $1.45 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.74 and a debt-to-equity ratio of 0.23. SUNation Energy has a 1-year low of $0.68 and a 1-year high of $150.00. The stock has a market capitalization of $4.94 million, a P/E ratio of -0.01 and a beta of 3.39. The business has a 50-day moving average price of $1.22 and a two-hundred day moving average price of $1.34.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SUNation Energy in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About SUNation Energy

SUNation Energy Group, Inc is a Florida-based solar energy company specializing in the design, engineering, procurement, construction and maintenance of photovoltaic solar systems. Headquartered in Boca Raton, the company focuses on delivering turnkey solar solutions for residential and commercial customers. Its integrated service model spans site assessment, system design, installation, interconnection and ongoing performance monitoring.

The company’s product offering includes rooftop and ground-mounted solar arrays, energy storage systems and electric vehicle charging stations.