Today 8point3 Energy Partners LP Class A (NASDAQ:CAFD) Reported Decrease in Shorted Shares

September 17, 2017 - By Marguerite Chambers

 Today 8point3 Energy Partners LP Class A (NASDAQ:CAFD) Reported Decrease in Shorted Shares

The stock of 8point3 Energy Partners LP Class A (NASDAQ:CAFD) registered a decrease of 12.58% in short interest. CAFD’s total short interest was 664,600 shares in September as published by FINRA. Its down 12.58% from 760,200 shares, reported previously. With 105,300 shares average volume, it will take short sellers 6 days to cover their CAFD’s short positions. The short interest to 8point3 Energy Partners LP Class A’s float is 2.51%.

The stock increased 0.28% or $0.04 on September 15, reaching $14.49. About 140,691 shares traded. 8Point3 Energy Partners LP (NASDAQ:CAFD) has declined 9.79% since September 17, 2016 and is downtrending. It has underperformed by 26.49% the S&P500.

8point3 Energy Partners LP owns, operates and acquires solar energy generation projects. The company has market cap of $1.15 billion. As of November 30, 2016, Company’s portfolio comprised interests in 642 Megawatt of solar energy projects. It has a 22.51 P/E ratio. The Firm is developing projects under utility, commercial and industrial (C&I) and residential categories.

8Point3 Energy Partners LP (NASDAQ:CAFD) Ratings Coverage

Among 15 analysts covering 8point3 Energy Partners LP (NASDAQ:CAFD), 6 have Buy rating, 3 Sell and 6 Hold. Therefore 40% are positive. 8point3 Energy Partners LP had 33 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, October 18 by Bank of America. The firm has “Hold” rating given on Wednesday, June 28 by Roth Capital. Raymond James upgraded 8Point3 Energy Partners LP (NASDAQ:CAFD) on Wednesday, August 12 to “Strong Buy” rating. The company was maintained on Thursday, June 29 by FBR Capital. The stock of 8Point3 Energy Partners LP (NASDAQ:CAFD) has “Outperform” rating given on Thursday, June 2 by Wells Fargo. The firm has “Mkt Underperform” rating by Avondale given on Friday, January 27. Goldman Sachs upgraded the shares of CAFD in report on Wednesday, December 2 to “Buy” rating. The stock has “Market Perform” rating by Oppenheimer on Thursday, April 6. The firm has “Neutral” rating given on Friday, October 2 by UBS. Guggenheim initiated 8Point3 Energy Partners LP (NASDAQ:CAFD) on Wednesday, April 13 with “Neutral” rating.

More notable recent 8Point3 Energy Partners LP (NASDAQ:CAFD) news were published by: which released: “What the know about 8point3 Energy Partners’ valuation” on April 14, 2017, also with their article: “8point3 Energy Partners Declares 3.0 Percent Increase in Quarterly Distribution” published on June 26, 2017, published: “What to Take From 8point3 Energy Partners LP’s Changing Growth Outlook” on January 30, 2017. More interesting news about 8Point3 Energy Partners LP (NASDAQ:CAFD) were released by: and their article: “Better Buy: TerraForm Global Inc vs. 8point3 Energy Partners LP” published on February 09, 2017 as well as‘s news article titled: “Your Gut Feeling Is Right: 8Point3 Energy Partners Is a Buy” with publication date: March 10, 2017.

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