Complete Solaria, Inc. (NASDAQ:CSLR) Short Interest Update

Complete Solaria, Inc. (NASDAQ:CSLR) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 253,300 shares, a growth of 54.5% from the March 31st total of 163,900 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 573,300 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald started coverage on shares of Complete Solaria in a report on Monday, January 8th. They issued an “overweight” rating and a $6.00 target price on the stock.

Institutional Investors Weigh In On Complete Solaria

A number of institutional investors have recently added to or reduced their stakes in the company. Carlyle Group Inc. bought a new position in shares of Complete Solaria during the 3rd quarter valued at approximately $5,142,000. K2 Principal Fund L.P. bought a new position in shares of Complete Solaria during the 3rd quarter valued at approximately $41,000. Meteora Capital LLC bought a new position in shares of Complete Solaria during the 3rd quarter valued at approximately $3,274,000. Hollow Brook Wealth Management LLC bought a new position in shares of Complete Solaria during the 4th quarter valued at approximately $62,000. Finally, Symmetry Peak Management LLC bought a new position in shares of Complete Solaria during the 4th quarter valued at approximately $48,000. 30.25% of the stock is owned by institutional investors.

Complete Solaria Trading Down 9.2 %

CSLR stock traded down $0.04 during trading on Friday, reaching $0.38. The stock had a trading volume of 442,971 shares, compared to its average volume of 1,797,655. Complete Solaria has a one year low of $0.20 and a one year high of $16.00. The company’s 50 day moving average is $0.69 and its two-hundred day moving average is $1.10.

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.