Short Interest in Capstone Energy+ (NASDAQ:CEPL) Increases By 68.3%

Capstone Energy+ (NASDAQ:CEPL) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 247,924 shares, a growth of 68.3% from the June 30th total of 147,347 shares. Based on an average trading volume of 451,215 shares, the short-interest ratio is currently 0.5 days. Currently, 0.8% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. BWS Financial initiated coverage on Capstone Energy+ in a research note on Monday, July 13th. They set a “buy” rating and a $20.00 target price on the stock. Zacks Research upgraded shares of Capstone Energy+ to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings initiated coverage on shares of Capstone Energy+ in a report on Friday, July 10th. They issued a “hold (c-)” rating on the stock. Finally, Wall Street Zen lowered shares of Capstone Energy+ from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $20.00.

Capstone Energy+ Stock Performance

NASDAQ CEPL opened at $7.61 on Friday. Capstone Energy+ has a 1-year low of $0.95 and a 1-year high of $14.20.

Capstone Energy+ (NASDAQ:CEPL) last released its quarterly earnings data on Thursday, June 25th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $22.99 million for the quarter. Capstone Energy+ had a negative return on equity of 38.40% and a net margin of 2.66%. Research analysts forecast that Capstone Energy+ will post 0.18 EPS for the current year.

About Capstone Energy+

Capstone Green Energy Corporation provides carbon reduction and on-site resilient green energy solutions. Capstone Green Energy Corporation, formerly known as Capstone Turbine Corporation, is based in VAN NUYS, CA.