The stock of 8point3 Energy Partners LP Class A (NASDAQ:CAFD) registered a decrease of 0.84% in short interest. CAFD’s total short interest was 1.15M shares in April as published by FINRA. Its down 0.84% from 1.16M shares, reported previously. With 104,200 shares average volume, it will take short sellers 11 days to cover their CAFD’s short positions. The short interest to 8point3 Energy Partners LP Class A’s float is 6.59%. The stock closed at $14.14 during the last session. It is down 5.16% since August 28, 2015 and is downtrending. It has underperformed by 8.00% the S&P500.
8point3 Energy Partners LP is a limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. The company has a market cap of $996.29 million. The Company’s portfolio includes utility projects, and commercial and industrial (C&I) projects. It currently has negative earnings. The Company’s utility projects include MarylandSolar project, a 100% owned project located in Maryland; Solar Gen 2 project, a 49% owned project located in California; Lost Hills / Blackwell project, a 49% owned project located in California; North Star project, a 49% owned project located in California; RPU project, a 100% owned project located in California, and Quinto project, a 100% owned project located in California.
Out of 12 analysts covering 8point3 Energy Partners LP (NASDAQ:CAFD), 9 rate it “Buy”, 2 “Sell”, while 1 “Hold”. This means 75% are positive. 8point3 Energy Partners LP was the topic in 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc.
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