Does Broadwind Energy Incorporated (NASDAQ:BWEN) Have Gas After Even More Sellers Involved?

September 17, 2017 - By Adrian Mccoy

 Does Broadwind Energy Incorporated (NASDAQ:BWEN) Have Gas After Even More Sellers Involved?

The stock of Broadwind Energy Incorporated (NASDAQ:BWEN) registered an increase of 41.04% in short interest. BWEN’s total short interest was 306,900 shares in September as published by FINRA. Its up 41.04% from 217,600 shares, reported previously. With 54,700 shares average volume, it will take short sellers 6 days to cover their BWEN’s short positions. The short interest to Broadwind Energy Incorporated’s float is 2.65%.

The stock increased 2.68% or $0.09 on September 15, reaching $3.45. About 38,711 shares traded. Broadwind Energy Inc. (NASDAQ:BWEN) has risen 53.71% since September 17, 2016 and is uptrending. It has outperformed by 37.01% the S&P500.

Broadwind Energy, Inc. provides technologically advanced services and products to energy, mining and infrastructure sector customers, primarily in the United States. The company has market cap of $51.87 million. The Firm is engaged primarily in United States wind energy industry. It has a 7.04 P/E ratio. The Firm operates through two divisions: Towers and Weldments, and Gearing.

Broadwind Energy Inc. (NASDAQ:BWEN) Ratings Coverage

Among 3 analysts covering Broadwind Energy (NASDAQ:BWEN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Broadwind Energy had 6 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Broadwind Energy Inc. (NASDAQ:BWEN) earned “Buy” rating by Roth Capital on Friday, June 30. The firm has “Buy” rating by Cowen & Co given on Monday, July 10. Roth Capital maintained Broadwind Energy Inc. (NASDAQ:BWEN) rating on Wednesday, August 2. Roth Capital has “Buy” rating and $500 target. The rating was initiated by Cowen & Co on Tuesday, August 16 with “Outperform”. The firm has “Buy” rating given on Wednesday, August 2 by Cowen & Co.

More notable recent Broadwind Energy Inc. (NASDAQ:BWEN) news were published by: Seekingalpha.com which released: “Broadwind Energy’s (BWEN) CEO Stephanie Kushner on Q2 2017 Results – Earnings …” on August 01, 2017, also Globenewswire.com with their article: “Broadwind Energy Reaches Agreement to Acquire Red Wolf Company, LLC” published on January 30, 2017, Globenewswire.com published: “Broadwind Energy Acquires Red Wolf Company, LLC” on February 01, 2017. More interesting news about Broadwind Energy Inc. (NASDAQ:BWEN) were released by: Zacks.com and their article: “Broadwind Energy (BWEN) Catches Eye: Stock Moves Up 9.1% March 29, 2017” published on March 29, 2017 as well as Seekingalpha.com‘s news article titled: “Broadwind Energy’s (BWEN) CEO Stephanie Kushner on Q4 2016 Results – Earnings …” with publication date: February 23, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.