Does Capstone Turbine Corporation (NASDAQ:CPST) Have Gas After Even More Sellers Involved?

April 20, 2018 - By Clifton Ray

Capstone Turbine Corporation (NASDAQ:CPST) Logo

The stock of Capstone Turbine Corporation (NASDAQ:CPST) registered an increase of 4.11% in short interest. CPST’s total short interest was 4.19M shares in April as published by FINRA. Its up 4.11% from 4.03M shares, reported previously. With 1.21 million shares average volume, it will take short sellers 4 days to cover their CPST’s short positions.

The stock decreased 2.61% or $0.04 during the last trading session, reaching $1.49. About 785,499 shares traded. Capstone Turbine Corporation (NASDAQ:CPST) has risen 59.11% since April 20, 2017 and is uptrending. It has 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 company has market cap of $80.58 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. It currently has negative earnings. The companyÂ’s microturbines are also used as battery charging generators for hybrid electric vehicle applications.

Capstone Turbine Corporation (NASDAQ:CPST) Ratings Chart

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