Alternus Clean Energy Inc (NASDAQ:ALCE) Sees Significant Increase in Short Interest

Alternus Clean Energy Inc (NASDAQ:ALCE) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 76,800 shares, an increase of 119.4% from the January 15th total of 35,000 shares. Based on an average daily volume of 1,220,000 shares, the short-interest ratio is presently 0.1 days. Approximately 4.1% of the shares of the stock are short sold.

Alternus Clean Energy Stock Down 74.3 %

Shares of ALCE stock opened at $0.06 on Thursday. The business has a 50-day moving average price of $0.66 and a two-hundred day moving average price of $2.74. Alternus Clean Energy has a 12-month low of $0.06 and a 12-month high of $23.93.

Alternus Clean Energy Company Profile

Alternus Clean Energy, Inc operates as a power producer. It develops, installs, owns and operates utility scale solar parks in America and Europe. It operates through the United States and Europe geographical segments. The company was founded by Vincent Browne in 2017 and is headquartered in New York, NY.