Most Heavily Shorted Solar Names Could Rally on Citi Upgrade

Citigroup analysts upgraded the entire solar sector on Tuesday and most individual names in the space are rallying on the research update. In light of the upgrade, the heavily shorted solar sector could see continued momentum to the upside in coming weeks as short-sellers cover their bets. Among the most heavily shorted names in the sector are Canadian Solar

, First Solar

, Trina Solar Limited

, LDK Solar

, and Yingli Green Energy Holding

. Below, Benzinga highlights the percentage of each stock's float that has been sold short. CSIQ - 35.87% short float FSLR - 39% TSL - 20.00% LDK - 11.86% YGE - 11.25%