Principal Financial Group Inc. acquired a new position in shares of Shoals Technologies Group, Inc. (NASDAQ:SHLS – Get Rating) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,085 shares of the company’s stock, valued at approximately $172,000. Other hedge funds and other institutional investors also […]
Shoals Technologies Group (NASDAQ:SHLS – Get Rating) had its target price raised by Truist Financial from $25.00 to $30.00 in a research report report published on Tuesday, The Fly reports. Truist Financial currently has a buy rating on the stock. Several other brokerages have also commented on SHLS. Credit Suisse Group dropped their price target […]
Shoals Technologies Group, Inc. (NASDAQ:SHLS – Get Rating) shares rose 7.7% during mid-day trading on Wednesday . The stock traded as high as $18.49 and last traded at $18.45. Approximately 57,832 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 2,766,267 shares. The stock had previously closed at […]
Shoals Technologies Group, Inc. (NASDAQ:SHLS – Get Rating) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 10,870,000 shares, a drop of 17.0% from the April 30th total of 13,090,000 shares. Based on an average daily trading volume, of 3,010,000 shares, the days-to-cover […]