Jul. 3 at 2:41 PM
$SHLS Despite being a profitable company since its IPO, a great balance sheet, good projections for the solar sector and expansion in other segments, Shoals is among the top 5 most shorted companies in the U.S. utility-scale solar segment.
In my opinion, there isn´t a great risk-reward ratio to short SHLS at its current stock price.
-Source: https://www.marketbeat.com/stocks/NASDAQ/SHLS/short-interest/
1 Canadian Solar 17.4%
2 FTC Solar 15.7%
3 Array Technologies 13.3%
4 Shoals 13.2%
5 Fluence Energy 13.1%
6 Jinko Solar 10.8%
7 First Solar 10.4%
8 Nextracker 5.8%
9 SolarMax Technology 2.8%
10 Emeren Group 2.7%