Real Goods Solar, Inc. (NASDAQ:RGSE) Sees Significantly Lower Trading Volume

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Trading volume for Real Goods Solar, Inc. was 887 in the last trading session. Trading volume was down 99.54% under the stocks average daily volume.

Investors are more bearish on Real Goods Solar, Inc. of late if you take into consideration the change in short interest. The company saw a rise in short interest of 3.50% as of the latest report on August 31, 2017. Short interest grew from 913,570 to 945,571 over that timeframe. With short interest at 945,571 and short average daily volume at 214,332, the short-interest ratio is 4.0 and the percentage of shorted shares is 0.13% as of August 31.

The company is trading up since yesterday’s close of 0.82. It is trading at $2.37 well above $0.80, the 50 day moving average and significantly higher than the 200 day moving average of $0.99. The 50 day moving average went up by +195.41% and the 200 day average went up by +139.74%.

Real Goods Solar, Inc., launched on January 29, 2008, is a residential and commercial solar energy engineering, procurement and construction company. The Company operates through three segments: Residential, which is involved in the installation of solar energy systems for homeowners, including lease financing thereof, and for small businesses (small commercial) in the continental United States; Sunetric, which is involved in the installation of solar energy systems for both homeowners and business owners (commercial) in Hawaii, and Other, which includes retail and corporate operations. The Company designs and offers solar energy solution, then procure, permit, install and interconnect the system to the utility grid. It provides a workmanship warranty on each operational system..