Millennials, don't worry if you don't get the song being referenced in the headline. It paints the picture of the current state of affairs for the Guggenheim Solar ETF (NYSE: TAN) and its holdings.
Over its more than eights years on the market, TAN has spent ample time as either one of the most heavily shorted ETFs around or home to some of the most heavily shorted stocks. Those themes are being renewed as short sellers eagerly target residential solar providers, including some that are found among the 25 stocks held by TAN.
"As leasing solar installations become less attractive versus upfront purchase as costs decline, the extension to tax credits adds to competitive dynamics expected in the US residential market. With incumbents losing barriers to entry, short sellers have ...
/www.benzinga.com/news/16/06/8053215/black-hole-sun-shorts-keep-targeting-solar-etf-and-its-holdings alt=Black Hole Sun: Shorts Keep Targeting Solar ETF And Its Holdings>Full story available on Benzinga.com
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