Complete Solaria, Inc. (NASDAQ:CSLR) Sees Significant Growth in Short Interest

Complete Solaria, Inc. (NASDAQ:CSLR - Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,370,000 shares, a growth of 27.4% from the March 15th total of 3,430,000 shares. Currently, 9.0% of the shares of the stock are short sold. Based on an average daily volume of 349,400 shares, the short-interest ratio is currently 12.5 days.

Complete Solaria Stock Performance

The business's fifty day moving average price is $1.56 and its 200-day moving average price is $1.79. Complete Solaria has a twelve month low of $0.33 and a twelve month high of $3.37.

Analyst Ratings Changes

Separately, Janney Montgomery Scott cut shares of Complete Solaria from a "buy" rating to a "neutral" rating in a research note on Thursday, March 13th.

Institutional Trading of Complete Solaria

Several hedge funds have recently modified their holdings of CSLR. OMERS ADMINISTRATION Corp bought a new stake in Complete Solaria in the fourth quarter valued at $250,000. Millennium Management LLC raised its stake in Complete Solaria by 173.1% during the 4th quarter. Millennium Management LLC now owns 27,497 shares of the company's stock worth $49,000 after buying an additional 17,429 shares during the period. Bridgeway Capital Management LLC boosted its holdings in Complete Solaria by 108.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 134,500 shares of the company's stock worth $241,000 after acquiring an additional 70,000 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in Complete Solaria by 1,538.7% in the fourth quarter. Alyeska Investment Group L.P. now owns 219,080 shares of the company's stock valued at $392,000 after acquiring an additional 205,711 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Complete Solaria during the fourth quarter valued at approximately $512,000. Institutional investors own 30.25% of the company's stock.

About Complete Solaria

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.