Capstone Turbine Corporation (NASDAQ:CPST) Shorted Shares Strengthened By 5.51%

April 16, 2018 - By Norman Soto

Capstone Turbine Corporation (NASDAQ:CPST) Corporate Logo

It was showed an increase on Capstone Turbine Corporation (NASDAQ:CPST)’s short interest with 5.51%. In April was published CPST’s total 4.47 million short interest by FINRA. The up change of 5.51% from 4.23M shares was reported. Former CPST’s position will need 8 days to restore. It has 546,600 average volume.

Its shares touched $1.48 on during the last trading session after 15.69% change.Capstone Turbine Corporation is uptrending after having risen 59.11% since April 16, 2017. CPST has 2.78M volume or 144.67% up from normal. CPST outperformed by 47.56% the S&P500.

Capstone Turbine Corporation develops, makes, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide.The firm is worth $79.80 million. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.Currently it has negative earnings. The companyÂ’s microturbines are also used as battery charging generators for hybrid electric vehicle applications.

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