Array Technologies, Inc. Common Stock
Market Cap
1.4B
Short interest (May 15)
18.5%
Net Short (Jun 03 ): 0.1%
Borrow Fee
0.43%
↑ 7.3%
Available Shares
600K
↑ 234.4%
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Company Overview
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
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