SolarBank Co. (NASDAQ:SUUN – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 22,800 shares, a decrease of 67.2% from the October 15th total of 69,500 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 59,700 shares, the short-interest ratio is presently 0.4 days.
SolarBank Stock Up 2.1 %
Shares of SolarBank stock traded up $0.06 during trading hours on Wednesday, reaching $2.92. The company’s stock had a trading volume of 31,989 shares, compared to its average volume of 34,665. The stock’s fifty day simple moving average is $3.80 and its two-hundred day simple moving average is $4.93. SolarBank has a one year low of $2.51 and a one year high of $7.50.
SolarBank (NASDAQ:SUUN – Get Free Report) last released its earnings results on Monday, September 30th. The company reported ($0.25) EPS for the quarter. The firm had revenue of $5.83 million during the quarter.
About SolarBank
SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.
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