Will Bloom Energy Corporation Class A (NYSE:BE) Run Out of Steam Soon? Short Interest is Up

The stock of Bloom Energy Corporation Class A (NYSE:BE) registered an increase of 25.65% in short interest. BE’s total short interest was 2.43M shares in December as published by FINRA. Its up 25.65% from 1.94M shares, reported previously. With 916,800 shares average volume, it will take short sellers 3 days to cover their BE’s short positions.

The stock decreased 1.75% or $0.27 during the last trading session, reaching $15.12. About 48,895 shares traded. Bloom Energy Corporation (NYSE:BE) has 0.00% since December 6, 2017 and is . It has underperformed by 15.62% the S&P500.

Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems. The company has market cap of $1.65 billion. It offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. It currently has negative earnings. The firm was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006.

More notable recent Bloom Energy Corporation (NYSE:BE) news were published by: Cnbc.com which released: “Dow drops 500 points, bringing its 2-day losses to more than 1,300 points – CNBC” on December 05, 2018, also Benzinga.com with their article: “48 Biggest Movers From Yesterday – Benzinga” published on November 30, 2018, Benzinga.com published: “Morgan Stanley: Taubman (NYSE:TCO) Could Be More Attractive M&A Candidate Than Macerich (NYSE:MAC) – Benzinga” on November 27, 2018. More interesting news about Bloom Energy Corporation (NYSE:BE) were released by: 247Wallst.com and their article: “2018 Laggards May Be Big 2019 Winners: 5 Stocks to Buy Now – 24/7 Wall St.” published on December 04, 2018 as well as Nasdaq.com‘s news article titled: “Nordic American Offshore Ltd. (NYSE: NAO) – Term employment for one ship – Nasdaq” with publication date: December 05, 2018.

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