SolarBank Co. (NASDAQ:SUUN - Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 69,500 shares, a drop of 33.0% from the September 30th total of 103,800 shares. Currently, 0.4% of the company's stock are sold short. Based on an average trading volume of 55,700 shares, the short-interest ratio is presently 1.2 days.
SolarBank Price Performance
SUUN traded down $0.13 during trading on Monday, hitting $3.51. 74,933 shares of the company's stock traded hands, compared to its average volume of 34,682. The firm has a market cap of $108.49 million and a PE ratio of -25.07. The business's 50 day moving average is $4.06. SolarBank has a 12-month low of $3.29 and a 12-month high of $7.50.
SolarBank (NASDAQ:SUUN - Get Free Report) last released its quarterly earnings results on Monday, September 30th. The company reported ($0.25) earnings per share for the quarter. The firm had revenue of $5.83 million during the quarter.
About SolarBank
(
Get Free Report)
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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