FTC Solar, Inc. ( NASDAQ:FTCI – Get Rating ) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 5,920,000 shares, a decline of 16.1% from the May 15th total of 7,060,000 shares. Approximately 15.4% of the company's stock are sold short. Based on an average daily volume of 1,440,000 shares, the short-interest ratio is currently 4.1 days. Insider Transactions at FTC Solar In other news, CTO Nagendra Cherukupalli sold 137,820 shares of FTC Solar stock in a transaction on Monday, May 15th.

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