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Do you consider yourself a contrarian investor? If so, we ran a screen on the clean energy industry that you may be interested in.

We began by screening a universe of stocks that use or produce clean sources of energy for those that are being highly shorted, with float shorts above 10%.

Then we screened for those with bullish changes from short sellers over the last month, with significant decreases in shares shorted month-over-month. This indicates that short sellers are less bearish on these names than they were a month ago.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall (kapitall.com).

Do you think these stocks will continue to see strong short covering? Use this list as a starting point for your own analysis.

List sorted by decrease in shares shorted as a percent of share float.

1. American Superconductor Corporation (NASDAQ:AMSC): Provides wind turbine designs and electrical control systems primarily in North America, Europe, and the Asia-Pacific. Market cap at $240.71M, most recent closing price at $4.63. Float short at 27.14%. Shares shorted have decreased from 12.17M to 10.74M over the last month, a decrease which represents about 3.63% of the company's float of 39.40M shares. Days to cover ratio at 23.01 days.

2. Newpark Resources Inc. (NYSE:NR): Provides fluids management, waste disposal, and well site preparation products and services primarily to the oil and gas exploration and production industry. Market cap at $529.51M, most recent closing price at $5.89. Float short at 10.95%. Shares shorted have decreased from 12.11M to 9.69M over the last month, a decrease which represents about 2.75% of the company's float of 88.05M shares. Days to cover ratio at 8.83 days.

3. Cree, Inc. (NASDAQ:CREE): Develops and manufactures light emitting diode (LED) products, silicon carbide (SiC) and gallium nitride (GaN) material products, and power and radio frequency (RF) products. Market cap at $2.67B, most recent closing price at $23.03. Float short at 17.95%. Shares shorted have decreased from 22.31M to 20.34M over the last month, a decrease which represents about 1.74% of the company's float of 112.98M shares. Days to cover ratio at 6.71 days.

*Short data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 3 Highly Shorted Clean Energy Stocks Seeing Strong Short Covering