Vivint Solar Inc (NYSE:VSLR) Stock Is Shorted Less

June 14, 2018 - By Hannah Black

Vivint Solar, Inc. (NYSE:VSLR) Logo

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.17, from 1.25 in 2017Q4. It worsened, as 11 investors sold Vivint Solar, Inc. shares while 14 reduced holdings. 11 funds opened positions while 16 raised stakes. 103.84 million shares or 2.39% less from 106.38 million shares in 2017Q4 were reported.
Victory Cap Management Inc stated it has 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR). Wells Fargo & Mn invested in 11,164 shares. Awm Investment Co owns 412,556 shares or 0.29% of their US portfolio. Blackstone L P invested in 1.51% or 82.36 million shares. Moreover, Cacti Asset Mgmt Lc has 0% invested in Vivint Solar, Inc. (NYSE:VSLR). The Germany-based Dekabank Deutsche Girozentrale has invested 0% in Vivint Solar, Inc. (NYSE:VSLR). Susquehanna Group Llp stated it has 0% in Vivint Solar, Inc. (NYSE:VSLR). Bankshares Of Mellon Corp accumulated 360,634 shares or 0% of the stock. 45,845 were reported by Aqr Mgmt Limited Com. Firsthand Incorporated, California-based fund reported 12,000 shares. Neuberger Berman Gp Inc Limited reported 0% stake. Legal & General Grp Inc Public Limited Company reported 0% stake. 15,429 are owned by Voya Investment Ltd Llc. Dimensional Fund Advisors Lp has invested 0% in Vivint Solar, Inc. (NYSE:VSLR). Jpmorgan Chase & Communication invested 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR).

Since February 21, 2018, it had 0 insider purchases, and 17 insider sales for $4.34 million activity. Shares for $57,327 were sold by Bywater David. The insider Russell Dana C sold $232,846. The insider Allred L. Chance sold $1.98 million. Dickson Paul S. had sold 34,200 shares worth $126,793 on Friday, May 25. 46,300 shares were sold by Plagemann Thomas G., worth $171,648.

The stock of Vivint Solar Inc (NYSE:VSLR) registered a decrease of 4.63% in short interest. VSLR’s total short interest was 6.40M shares in June as published by FINRA. Its down 4.63% from 6.71 million shares, reported previously. With 262,000 shares average volume, it will take short sellers 24 days to cover their VSLR’s short positions. The short interest to Vivint Solar Inc’s float is 21.77%.

The stock increased 10.67% or $0.475 during the last trading session, reaching $4.925. About 1.34 million shares traded or 174.79% up from the average. Vivint Solar, Inc. (NYSE:VSLR) has risen 19.05% since June 14, 2017 and is uptrending. It has outperformed by 6.48% the S&P500.

Vivint Solar, Inc. provides distributed solar energy to residential, commercial, and industrial clients in the United States. The company has market cap of $568.00 million. It operates through two divisions, Residential, and Commercial and Industrial. It has a 3.16 P/E ratio. The firm installs and owns solar energy systems through long-term customer contracts.

Vivint Solar, Inc. (NYSE:VSLR) Ratings Coverage

Among 2 analysts covering Vivint Solar (NYSE:VSLR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Vivint Solar had 2 analyst reports since January 18, 2018 according to SRatingsIntel. As per Thursday, January 18, the company rating was downgraded by Guggenheim. Bank of America maintained it with “Buy” rating and $5.5 target in Thursday, March 8 report.

More recent Vivint Solar, Inc. (NYSE:VSLR) news were published by: Fool.com which released: “Vivint Solar Is Going Backward in More Ways Than One” on May 18, 2018. Also Prnewswire.com published the news titled: “Vivint Solar Closes $811 Million of New Financing” on June 11, 2018. Fool.com‘s news article titled: “Vivint Solar Is Already Falling Behind in Energy Storage” with publication date: May 16, 2018 was also an interesting one.

Vivint Solar, Inc. (NYSE:VSLR) Institutional Positions Chart

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