The short base (as measured by Percent Shares Outstanding On Loan) for First Solar Inc. (NASDAQ:FSLR) has risen 8% over the past week and now stands at 10%. This is down 26% from the 52 week high hit on March 20, 2009.
When compared to other North America Electrical Equipment companies, the short base is high.
The short base for related companies in the sector: Energy Conversion Devices (NASDAQ:ENER) 24%, Suntech Power Holdings (NYSE:STP) 8%, Canadian Solar Inc. (NASDAQ:CSIQ) 6% and GT Solar International (SOLR) 3%.
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